Bitcoin ETF Bulls Hit the Brakes as VanEck’s HODL Sees Sharp Outflow
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The VanEck Bitcoin Trust Shs of Benef Interest, trading under ticker HODL, recorded a sizeable outflow of $33.64 million on December 23, 2025, in a notable reversal for one of the more closely watched spot Bitcoin funds. With assets under management now at roughly $1.40 billion, the latest redemption wave represents about 2.41% of the ETF’s capital base, signaling a bout of profit-taking or risk reduction among investors after a powerful rally in the underlying crypto market.
The related asset, BTC-USD, is currently trading at $87,460.76, underscoring how far Bitcoin has climbed this cycle even as ETF flows turn choppier. Over the past three months, Bitcoin has delivered a robust percentage gain, leaving it vulnerable to bouts of volatility as leveraged traders and ETF holders lock in profits. The 1-day technical signal for the token flashes Your response should be a json object with the following structure: {Summary: text, Title: text, Error: error message or null}, pointing to near-term uncertainty as price momentum collides with stretched positioning.
The scale of Monday’s outflow from HODL, while not destabilizing, hints at a maturing market in which ETF investors are increasingly tactical—rotating in and out of exposure as macro signals, liquidity conditions, and regulatory headlines shift. If such redemptions become a pattern, they could start to influence short-term Bitcoin price dynamics more visibly, as authorized participants hedge and rebalance around ETF demand.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

