The Christmas and New Year holidays are approaching, and the crypto market seems to have already entered a "hibernation mode." US Bitcoin and Ethereum spot ETFs collectively lost value on Tuesday, mainly due to year-end asset rebalancing and liquidity tightening before the long holiday, with profit-taking selling pressure clearly increasing. According to SoSoValue data, the US Bitcoin spot ETF experienced a net outflow of $188.6 million on Tuesday, marking the fourth consecutive day of withdrawals. Among them, BlackRock's IBIT suffered the heaviest outflow, with a net outflow of $157.3 million in a single day; Fidelity's FBTC and Grayscale's GBTC also could not escape. On the other hand, Ethereum spot ETFs also recorded a net outflow of $95.5 million on Tuesday, following a previous day with $84.6 million

Today in crypto: Anthony Pompliano says Bitcoin’s dampened price means it won’t crash next year, the International Monetary Fund pressed El Salvador to sell its Chivo Bitcoin wallet and Ether ETFs snapped an outflow streak as XRP products logged their best day since early December. Bitcoin won’t cr

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