December 24th, 2025
The introduction of spot Bitcoin ETFs triggered a massive retracement in the overall crypto market.
On-chain data shows that money from GBTC has been flowing into the newly launched spot Bitcoin ETFs amid very low fee structures.
While Grayscale’s Bitcoin fund has historically been a dominant force in the crypto investment space, it has experienced substantial outflows totaling more than $579 million since it commenced trading on January 11.
Away from the ProShares ETF news, the market is adapting to the introduction of spot Bitcoin ETFs.
More cash inflow is expected to enter the Bitcoin market in the near term as more investors in the United States allocate their portfolios to various spot Bitcoin ETFs.
Since the launch of the BTC ETFs last week, the industry has recorded a significant inflow of BTC products compared to other ETFs in the market.
While being bullish on Bitcoin ETFs for the long term, Arthur Hayes expressed bearish sentiments on Bitcoin in January, anticipating a short-term correction of up to 30% in prices.
JPMorgan predicts that a lot of money currently invested in other crypto instruments will be re-directed to the Bitcoin spot ETF.
Home pages of some spot Bitcoin ETF issuers now boldly show visitors that these funds are available to all interested members of the public.
It is expected that the demand for Bitcoin will rise in ways that have never been seen in its entire history.
The timing of the fee reduction aligns with the recent approval of several Bitcoin ETFs, leading to a rush among providers to position themselves favorably in the competitive ecosystem.
Being the third lowest performer by trading volume among the 11 spot Bitcoin ETFs that debuted on Thursday, Valkyrie’s spot Bitcoin ETF garnered just under $9 million in trading volume during the day.
Post the Bitcoin ETF approval, the Bitcoin halving in April 2024 will prove to be a major catalyst in driving the BTC price above $100,000 by the end of the year.
While Warren has expressed her dissatisfaction with the approval of the 11 BTC ETFs, some lawmakers in the US support the SEC’s decision.
Authorities in South Korea have warned local financial institutions from offering spot crypto ETFs following SEC approval in the US.