On December 25, 2024, the U.S. Bitcoin ETFs reported mixed net flows, resulting in a total net outflow of 3,025 BTC for the day. BlackRock’s Bitcoin ETF (Ticker: IBIT) experienced a significant decrease, recording an outflow of 1,933 BTC, indicating a major withdrawal of investment from the fund.

Grayscale’s GBTC (Ticker: GBTC) also faced a notable reduction, with an outflow of 421 BTC. Other ETFs saw varying degrees of outflows and inflows; ARK’s Bitcoin ETF (Ticker: ARKB) reported a loss of 768 BTC, and Grayscale’s BTC fund (Ticker: BTC) decreased by 67 BTC. VanEck’s Bitcoin ETF (Ticker: HODL) saw a modest outflow of 28 BTC.

On the positive side, some funds experienced inflows: Bitwise’s Bitcoin ETF (Ticker: BITB) gained 87 BTC, and Invesco Galaxy’s (Ticker: BTCO) had an increase of 105 BTC. Fidelity’s Bitcoin ETF (Ticker: FBTC), Valkyrie’s (Ticker: BRRR), and Franklin Templeton’s (Ticker: EZBC) holdings remained unchanged.

The total Bitcoin holdings for these ETFs stood at 1,125,455 BTC, reflecting the overall net outflow and a decrease in market value of approximately $297.6 million. This activity suggests a cautious or bearish sentiment among investors during the holiday season, impacting the Bitcoin ETF market significantly on Christmas Day.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Twas the night before Christmas, and all on the chain, Bitcoin was soaring, with no hodler in pain.

The bulls had returned, sleighing bears left and right, now six figure Bitcoin was an everyday sight.

All miners were buzzing, hash rates on the rise, securing the network under wintery skies.

Our Lambos were gleaming, parked under the stars, proof that HODLing beats shitcoins by far.

El Salvador kept buying, more coin for their stocking, before dreams of more sats inevitably come knocking.

The ETFs rallied, their bids filled the air, it’s Bitcoin’s new era, Satoshi did declare.

Our on-chain data, so bright and so clear, Screamed “HODL through 2025, vast wealth will appear!”

With supply…

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Six bitcoin-based mutual funds are set to launch in Israel next week, marking a significant advancement in cryptocurrency adoption. This follows the Israel Securities Authority’s (ISA) recent approval of these funds, as reported by Calcalist. This development mirrors the growing global acceptance of cryptocurrencies, aligning Israel with leading financial trends.

Nearly a year after the U.S. Securities and Exchange Commission approved Bitcoin ETFs, the ISA has followed suit. This decision comes as bitcoin prices soar, more than doubling in value to near-record highs. The U.S. bitcoin funds alone have attracted $35.6 billion in investments, underscoring the robust interest in digital currencies.

According to a senior executive at an investment house, this approval was eagerly anticipated by investment firms, which have been advocating for regulatory acceptance of Bitcoin ETFs for over a year. This strategic move by the ISA reflects its cautious yet progressive approach to integrating cryptocurrencies within the financial system, promising a significant impact on the market.

Source

South Korea has seen a remarkable increase in crypto investors, with figures soaring to 15.6 million users as of November. This uptick, representing over 30% of the population, coincided with Donald Trump’s victory in the U.S. presidential election, sparking optimism for favorable crypto regulations. The data, revealing a collective holding of about 102.6 trillion Korean won ($70.3 billion) in digital assets, was reported by Yonhap News and marks the first official crypto statistics released under new financial safeguards.

July 19 marked a pivotal moment for cryptocurrency in South Korea as the Virtual Asset User Protection Act took effect, mandating enhanced security measures for digital asset service providers. This legislative move by the Financial Services Commission is intended to safeguard investor holdings, further boosting the crypto market’s credibility.

Observers attribute the spike in crypto participation to Trump’s election, anticipating a shift towards more crypto-friendly policies in the U.S., which could influence global market trends. The growing transaction volume in South Korea is now poised to rival that of the local stock market, reflecting heightened investor enthusiasm and confidence in the sector.

Report

Bitget experienced an unprecedented 683% increase in Gen Z users in November, signaling a significant shift in crypto demographics. This surge aligns with Donald Trump’s presidential election victory and his pro-crypto campaign promises, which included establishing a national Bitcoin reserve. The rise in Gen Z’s participation, from 26.2% of new users in October to 53.8% in November, propelled Bitcoin prices over $90,000 and boosted the broader crypto market cap beyond $3 trillion.

Fueled by Trump’s crypto-friendly rhetoric and pledges to support domestic Bitcoin mining, Bitget saw an influx of 844,000 new users under the age of 25, a dramatic jump from October’s 110,000. This demographic, known for its tech-savviness and pursuit of financial independence, appears to be responding to the political climate and the potential for favorable crypto policies.

The significant increase in young users at Bitget reflects a broader trend of political events influencing crypto adoption. With strong endorsements from public figures and a growing financial literacy, Gen Z is poised to be a driving force in shaping the future of the cryptocurrency market.

Report