Crypto ETPs See $1B Outflows in a Week, Traders Eye Holiday Altcoin Rally
Yahoo Finance·2025-12-22 11:51

Group 1: Market Overview - Crypto investment products experienced approximately $952 million in net outflows last week, marking the first weekly withdrawal in the past 30 days [1] - The total crypto market capitalization fell by over $210 billion between December 15 and December 19, but has since stabilized at around $3.03 trillion [3] Group 2: Specific Asset Performance - Ether faced significant selling pressure, with outflows reaching $555 million, while year-to-date inflows into ETH ETPs for 2025 have totaled $12.7 billion, compared to $5.3 billion during the same period last year [1] - Bitcoin investment products saw $460 million in withdrawals, with current BTC fund inflows for 2025 at $27.2 billion, significantly lower than the $41.6 billion recorded in 2024 [2] Group 3: Altcoin Activity - Despite the downturn in Bitcoin and Ethereum funds, top altcoins like Solana and XRP attracted inflows of $48.5 million and $62.9 million, respectively [4] - Analysts suggest that a potential seasonal rebound for altcoins may occur as the holiday season approaches, although opinions on the near-term direction remain divided [4][5] Group 4: Analyst Insights - Analyst CyrilXBT noted that Ethereum is currently range-bound against Bitcoin, indicating that recent price movements are more corrective than trend-setting [5] - Analyst Dami highlighted that the total crypto market cap excluding Bitcoin and Ethereum is maintaining near its 100-day EMA, which has historically acted as a support level [5]