Early December ETFs See $153M Exit as Bitcoin and Ethereum Pull Back After Late-November Gains

After ending November on a high note with Bitcoin and Ethereum ETFs pulling in $380 million, the start of December flipped the script. From Dec. 1–5, top Bitcoin and Ethereum ETFs saw net outflows of about $87.8 million and $65.4 million, according to Farside Investors. Investors appear to be taking some profits after the gains of the last two weeks, especially in the larger Bitcoin funds. Ethereum ETFs showed a similar trend, though a few managed small inflows, hinting that confidence hasn’t disappeared entirely. Overall, early December feels more like a pause than a panic, as the market takes a breather while waiting to see where things head next. Bitcoin ETF Weekly Flow Summary (Top issuers — Dec. 1–5, 2025) ETF IssuerAUM (US$)Inflows (US$m)Outflows (US$m)Net Flow (US$m)BlackRock (IBIT)$71.23B049.1–49.1Fidelity (FBTC)$18.49B62.00+62.0Bitwise (BITB)$3.68B9.30+9.3Ark (ARKB)$3.54B7.485.2–77.8Invesco (BTCO)$559.57M000Grayscale (BTC)$4.45B00.4–0.4Grayscale (GBTC)$15.34B029.7–29.7 Total Inflows: ≈ $78.7MTotal Outflows: ≈ –164.4MNet Flow: ≈ –87.8M Bitcoin ETFs painted a mixed picture in early December. Fidelity led with $62 million in inflows, while BlackRock lost $49.1 million. Ark posted the largest outflows at $77.8 million, and Grayscale’s BTC and GBTC faced modest redemptions. Bitwise saw small inflows, and Invesco remained flat. By week’s end, about $87.8 million had moved out of these funds, with flows suggesting a moment of pause rather than a rush to exit. Ethereum ETF Weekly Flow Summary (Top issuers — Dec. 1–5, 2025) ETF IssuerAUM (US$)Inflows (US$m)Outflows (US$m)Net Flow (US$m)BlackRock (ETHA)$7.92B53.0108.8–55.8Fidelity (FETH)$1.87B85.149.5+35.6Bitwise (ETHW)$602.4M4.50+4.521Shares (TETH)$1.11B000VanEck (ETHV)$353.7M04.0–4.0Grayscale (ETHE)unchanged27.680.8–53.2 Total Inflows: ≈ $170.2MTotal Outflows: ≈ –243.1MNet Flow: ≈ –65.4M Ethereum ETFs kicked off December with a mixed performance. Fidelity attracted $35.6 million, and Bitwise added $4.5 million, but bigger outflows from BlackRock at $55.8 million and Grayscale’s ETHE at $53.2 million tipped the scales toward a net pullback. BTC and ETH show steady gains, keeping Decem‑back hopes alive despite a slow start December didn’t start with fireworks for crypto ETFs; Bitcoin and Ethereum funds saw outflows. It may seem like a quiet week, but signs suggest the tide could still turn. Bitcoin is holding around $91,000–$92,000, while Ethereum sits just above $3,100. Both are showing signs of steadiness, which is catching the eye of investors looking for a reason to step back in. Bitcoin price. Source: TradingView  Looking beyond the first week, all eyes are on central bank signals. If rate-cut expectations grow and policy softens, crypto could see a lift. With these conditions, December still has a chance to turn around, offering a slow but steady rebound instead of continued losses.