Ethereum

Bitcoin

Spot

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/spot-bitcoin-and-ethereum-etfs-experience-significant-movements-on-december-19/" data-wpel-link="internal">Spot Bitcoin and Ethereum ETFs Experience Significant Movements on December 19</a> 
On December 19, spot Bitcoin and Ethereum ETFs experienced remarkable movements. A total of 680 million dollars was withdrawn from spot Bitcoin ETFs in a single day, marking the highest single-day outflow in history. Additionally, spot Ethereum ETFs saw a net outflow of 60.4677 million dollars on the same date, ending an 18-day streak of continuous net inflows. 
<h2 style="text-align: justify" id="record-outflows-from-spot-bitcoin-etfs">Record Outflows from Spot Bitcoin ETFs</h2> 
The date of December 19 became a significant turning point for spot Bitcoin ETFs. The net outflow of 680 million dollars signals widespread activity among investors. Previous outflows were recorded at 563 million dollars on May 1 and 541 million dollars on November 4, but this recent outflow far surpassed those earlier records. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-416411" src="https://coin-turk.com/wp-content/uploads/2024/12/GfN3yHiasAET_IO.jpeg" alt="" width="1200" height="417"> 
Market conditions, including global economic uncertainties and market volatility, are believed to have influenced this movement. Furthermore, this outflow followed a 15-day period of uninterrupted inflows into spot Bitcoin ETFs. 
<h2 style="text-align: justify" id="end-of-inflow-period-for-ethereum-etfs">End of Inflow Period for Ethereum ETFs</h2> 
Spot Ethereum ETFs also underwent a notable shift. The net outflow of 60.4677 million dollars indicates that investors are making strategic changes. This development concluded an 18-day period of continuous inflows. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-416410" src="https://coin-turk.com/wp-content/uploads/2024/12/GfN4Gona4AAMKQR.jpeg" alt="" width="1200" height="408"> 
The recent steady performance of Ethereum is now being questioned due to this outflow. Experts suggest that this situation may be related to volatility in the Ethereum market. Additionally, year-end balance sheet adjustments by investors might have triggered this movement. 
Overall, the outflows from spot Bitcoin and Ethereum ETFs highlight investor behaviors within the <a href="https://en.coin-turk.com/coinbase-continues-fight-for-regulatory-clarity-amidst-sec-standoff/" data-wpel-link="internal"></a><a href="https://en.coin-turk.com/latest-development-in-the-genesis-case/" data-wpel-link="internal">cryptocurrency</a> market. These developments clearly showcase the fluctuating nature of trends in the sector and the impact of global markets. 
The post <a href="https://en.coin-turk.com/spot-bitcoin-and-ethereum-etfs-experience-significant-movements-on-december-19/" data-wpel-link="internal">Spot Bitcoin and Ethereum ETFs Experience Significant Movements on December 19</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Spot Bitcoin and Ethereum ETFs Experience Significant Movements on December 19

Table of Contents

COINTURK NEWS

Other articles published on Dec 20, 2024

4 Best Cheap Cryptos to Invest in December for High Potential Gains

5 Best New Meme Coins to Invest in This Week: Unbeatable Picks for Massive ROI!

Ripple Lawsuit Fate in Limbo, SEC Shutdown Threatens XRP’s Future

Amazon Faces Decision on Bitcoin Investment After NCPPR Proposal

BlackRock Opens Debate on Bitcoin’s Fixed Supply: Could It Change?

Qubetics Predicted to Reach $15, Toncoin’s Mixed Signals, and Bitcoin Cash’s Peer Payments—Buy Th...

Join our free newsletter for daily crypto updates!