[Analysis: Bitcoin Spot ETFs Have Seen Nearly $6 Billion Net Outflows Over the Past Nine Weeks, Market Liquidity and Sentiment Remain Under Pressure] Matrixport analyzed in today's chart that over the past nine weeks, Bitcoin spot ETFs have experienced continuous capital outflows, with cumulative net outflows nearing $6 billion. Market liquidity and sentiment remain under pressure. On a monthly basis, after a $3.5 billion net outflow in November, December is still seeing outflows, with approximately $1.1 billion withdrawn so far. If the month ends with continued outflows, this will mark the most significant round of capital withdrawal since the ETFs were listed in January 2024. The key focus shifts to January: it will be a critical test to determine whether this pressure is merely a short-term disturbance caused by year-end portfolio adjustments or if there is a sustained shift in allocation preferences.