U.S. spot Bitcoin and Ether ETFs lost a combined $227.99 million on Dec. 24, while spot XRP products added fresh cash and extended an already rare inflow streak. The flow split came from SoSoValue ETF data cited by Crypto.news and regional desks, and it underpins a new Bitcoin.com write-up on ETF rotation.
The backdrop in spot is calmer. Bitcoin trades around $87,500, up less than 1% on the day, with Ether near $2,930 and XRP around $1.86, based on live quotes from CoinMarketCap, Ethereum and XRP. Prices look steady. ETF flows do not.
BTC and ETH ETFs dump cash into Christmas
SoSoValue’s Dec. 24 tape shows U.S. spot Bitcoin ETFs recorded $175.29 million in net outflows. BlackRock’s IBIT led with $91.37 million out, followed by $24.62 million from Grayscale’s GBTC and $17.17 million from Fidelity’s FBTC, with smaller redemptions spread across Bitwise’s BITB, Ark 21Shares’ ARKB and VanEck’s HODL, according to Crypto.news and a parallel summary on CryptoRank.
On the same day, U.S. spot Ether ETFs saw $52.7 million walk out the door. Grayscale’s ETHE accounted for $33.78 million of that, with BlackRock’s ETHA shedding $22.25 million. Grayscale’s mini Ether trust pulled in a modest $3.33 million, the only Ether product to see inflows, per the same SoSoValue dataset cited by Cryptonews and mirrored in YouToCoin’s Chinese recap.
Those daily prints extend a broader bleed. Over the past five trading days, U.S. spot Bitcoin ETFs have now shed more than $825 million, with December redemptions approaching $1 billion, Crypto.news reported, again citing SoSoValue’s time series. The same article links the move to holiday-thin liquidity and a looming $23.6 billion options expiry on Deribit that keeps dealers nervous.
“Bitcoin ETFs have logged over $825 million in outflows over the past five trading days,” Crypto.news wrote, pointing to SoSoValue’s flow data.
None of this has broken spot yet. Bitcoin still holds the mid 80,000s to high 80,000s, with traders watching $85,000 as the near-term line in the sand in multiple technical notes, while Ether grinds just under $3,000 with lower but steady volume.
XRP ETFs quietly add $11.93M and keep their streak alive
While Bitcoin and Ether ETFs sold off on Dec. 24, SoSoValue numbers on the same day show U.S. spot XRP ETFs pulled in $11.93 million of net inflows. ChainCatcher and Odaily both reported the print off SoSoValue’s dashboard, breaking it down as $11.14 million into Franklin Templeton’s XRPZ and $790,000 into Canary’s XRPC, with total XRP ETF net assets around $1.25 billion and cumulative net inflows at roughly $1.14 billion.[ChainCatcher][Odaily]
That single-session bid fits a much longer pattern. CoinDesk, using SoSoValue data and relayed via CoinGlass, highlighted on Dec. 15 that U.S. spot XRP ETFs had posted 30 consecutive trading days of net inflows since their Nov. 13 launch, with about $975 million in cumulative inflows and $1.18 billion in assets. CoinShares reached a similar conclusion from a global vantage point at the start of the month: its Dec. 1 fund flows note flagged record weekly XRP ETP inflows of $289 million, with six weeks of buying equal to 29% of XRP ETP assets under management.[CoinShares]
By Dec. 16, Crypto Economy reported that U.S. spot XRP ETFs had already crossed the $1 billion cumulative inflow mark after another $10.89 million day, even as Bitcoin and Ether products lost $357.7 million and $224.8 million respectively that same session.[Crypto Economy] The Dec. 24 SoSoValue print extends that divergence and keeps the “no outflow day yet” streak intact.
Rotation inside crypto ETFs, not a full retreat
The same Dec. 24 flow set that punished Bitcoin and Ether still shows buyers stepping into other altcoin products. The YouToCoin recap of SoSoValue’s data notes that Solana ETFs added $1.48 million that day, with Fidelity’s FSOL and VanEck’s VSOL both green, even as BTC and ETH products lost a combined $228 million.[YouToCoin] Earlier in the week, KuCoin’s feed pointed to $66.55 million of weekly Solana ETF inflows and $82.04 million into XRP ETFs, against $497.05 million and $643.97 million out of Bitcoin and Ether funds for the Dec. 15–19 span.[KuCoin]
CoinShares’ December reports line up with that message. Inflows into Bitcoin and Ether ETPs dominated earlier in the quarter, but by early December its data already showed XRP and Chainlink products grabbing a larger share of new allocations, with XRP’s six-week run standing out as a structural build rather than short-term flip trading.[CoinShares]
Desks now face a clear split. On one side sit heavily traded Bitcoin and Ether spot ETFs, which see year-end redemptions tied to tax positioning, macro caution and a heavy options calendar. On the other side sit smaller but growing XRP and Solana ETF lines, where flows grind higher almost every day and cumulative inflows keep printing new highs.
Price action trails the ETF signal
The price tape has not fully digested this shift. Bitcoin still behaves like a macro proxy, stuck under $90,000 while stocks and gold press higher into year-end, as multiple daily notes on TS2 Tech and Cryptonews have stressed.[TS2][Cryptonews] Ether drifts just below $3,000 with ETF flows now negative on a multi-day basis, even after a strong autumn for ETH-linked funds.
XRP, by contrast, trades flat near $1.86 on the day, while its ETF complex sits above $1.1 billion in cumulative inflows and keeps adding capital in small daily clips.[CoinMarketCap][FXLeaders] The flows say allocation desks are steady buyers of regulated XRP exposure while they lighten up on Bitcoin and Ether into the holiday. If that pattern holds when liquidity returns after Christmas, the market will need to reprice more than just spot charts.
