Episode 388
The Bitcoin Fortress Podcast - Episode 193
December 7, 2025
Block Height 926865 | Moscow Time 1094 | Fees 1/1/1
NEW! My YouTube Channel featuring short-form video content and all my podcast episodes:
https://www.youtube.com/channel/UCEPGN1YCIQcMxkUig5GaNrQ
Featured Substack Post:
https://bitcoinfortress.substack.com/p/practical-ways-to-become-more-resilient
Bitcoin Fortress Books:
Follow me on Nostr:
npub122fpu8lwu2eu2zfmrymcfed9tfgeray5quj78jm6zavj78phnqdsu3v4h5
Price, ETFs & Market Structure
2025 was officially a wipeout year for US spot Bitcoin ETFs
https://cryptoslate.com/2025-was-officially-a-wipeout-year-for-us-spot-bitcoin-etfs-now-flat-yoy-and-down-48b-since-october/
Bitcoin ETFs bleed $3.4B as investors pull back, but YTD flows remain positive
https://etfdb.com/news/2025/12/05/bitcoin-etfs-bleed-3-4-billion/
Bitcoin ETF: Massive $194M outflow — what is happening?
https://www.cointribune.com/en/bitcoin-etf-why-are-institutional-investors-withdrawing-massively/
Bitcoin spot ETFs log $194.6M in outflows as basis trades unwind
https://becausebitcoin.com/post/bitcoin-spot-etf-outflows-basis-trade-ibit-boj-dec5-2025
Spot Bitcoin ETFs bounce back with $54.8M in inflows on Dec 5
https://cryptorank.io/news/feed/cdd1b-spot-bitcoin-etfs-inflow-reversal
Bitcoin price action is no longer determined by exchanges – ETF flows as key metric
https://cryptoslate.com/bitcoin-etf-market-structure-shift-institutional-flows/