Spot Bitcoin ETFs Face Largest Outflow in Two Weeks with $195M Exit

Highlights:

• Spot Bitcoin ETFs experienced $194.6 million in net outflows on December 4.
• BlackRock’s IBIT saw the largest withdrawal, with $112.9 million exiting.
• Spot XRP and Solana ETFs continue to grow with consistent inflows.

U.S. spot bitcoin exchange-traded funds experienced a sharp drop on Thursday, with over $194.6 million exiting the funds in one day. This was the largest outflow on a day-to-day basis over the last two weeks, a sign of changing investor sentiment. On Wednesday, the ETFs experienced a significantly smaller net outflow of $14.9 million. The sharp decline on Thursday occurred on the back of a generally weak trend in the broader market.

Spot Bitcoin ETFs Record Major Outflows in One Day

On December 4th, spot Bitcoin ETFs experienced an alarming net outflow of $194.64 million. This was the largest daily outflow since November 20, indicating a significant change in investor behavior. The massive withdrawals were largely concentrated in a few high-profile products. The charge was led by BlackRock’s IBIT and Fidelity’s FBTC as big investors pulled their capital from these funds.

As per SoSoValue data, IBIT of BlackRock experienced a withdrawal of $112.9 million, whereas Fidelity’s FBTC had a $54.2 million withdrawal. The two funds combined represented over $167 million of the total withdrawal.

On December 4 (ET), spot Bitcoin ETFs recorded a total net outflow of $195 million, with all 12 funds seeing no net inflows. Spot Ethereum ETFs saw total net outflows of $41.57 million, with only BlackRock’s ETHA posting a net inflow. Spot XRP ETFs registered a total net inflow… pic.twitter.com/LIzzZ9y7HN

— Wu Blockchain (@WuBlockchain) December 5, 2025

Additionally, the trading volume of the Bitcoin ETFs reduced significantly to only $3.1 billion on Thursday. This was a decline from $4.2 billion on Wednesday and $5.3 billion on Tuesday. The decreased trading volume shows how nervous the market is, with the price of Bitcoin hovering around $92,400, having dropped to lows of $84,000 at one point earlier in the week.

Meanwhile, the spot Ethereum ETFs showed the same volatility as the Bitcoin ETFs. Ether funds recorded negative outflows of $41.6 million on Thursday. This outflow reversed the net inflows of $140.2 million from the previous day. Grayscale’s ETHE, specifically, had the highest outflow individually, with $30.9 million exiting the fund.

Spot XRP ETFs Continue to Attract Capital Amid Outflows

As the spot Bitcoin ETFs were facing huge outflows, the new spot XRP ETFs are still in their upward trend. These funds have experienced steady inflows since their introduction in mid-November. Total inflows into spot XRP ETFs as of December 4 stood at $881.25 million, of which $12.84 million were added on Thursday alone.

The long-term popularity among investors has been incredible, given the volatility of other crypto markets. Spot XRP ETFs, which have a trading volume of $26.74 million, are rapidly nearing the $1 billion asset under management mark. Such figures indicate that XRP is drawing attention, establishing itself as an alternative competitor to the Bitcoin and Ethereum ETFs.

XRP ETFs Are Doing What Bitcoin & Ethereum ETFs Can’t

The streak continues:
13 straight days of GREEN inflows across U.S. spot XRP ETFs… totaling $874M since launch.

Canary. Bitwise. Grayscale. Franklin Templeton.
Soon 21Shares.
Every single day since Nov 13 → money in,…

— Jungle Inc Crypto News (@jungleincxrp) December 5, 2025

On the other hand, spot Solana ETFs have also been doing well, with more than $600 million of funds accumulated since their inception. These inflows are in stark contrast to the performance of spot Bitcoin and Ethereum ETFs, which have $58 billion and $13 billion in assets, respectively.

Moreover, the recently introduced Grayscale ETF (GLINK) also received inflows of $4.46 million, increasing its total to 45.36 million. The growth of interest in crypto ETFs beyond Bitcoin and Ethereum is also signaled by other recent launches, such as the 21Shares 2x SUI ETF.