Crypto Daily ( 12.31 ): Bitcoin ETF Continues Outflows, Prenetics Ceases Bitcoin Purchases, Institutions Shift to Altcoin Options and Regulatory Expectations Rise

1. Bitcoin ETF Fund Flows and Institutional Purchase Strategy Adjustments
10 US Bitcoin ETFs net outflow of 227 BTC (worth $19.98 million), 9 Ethereum ETFs net outflow of 8,993 ETH (worth $26.71 million), SOL ETF net inflow of 22,448 SOL (worth $2.78 million).
US-listed Bitcoin treasury company Prenetics halts Bitcoin purchase plans, currently holding 510 BTC, with cash equivalents exceeding $70 million, debt-free, shifting capital to consumer health brand IM8.
2. Bitcoin Price Volatility and Market Sentiment Changes
Bitcoin price broke $89,000 on December 26 after a forced liquidation event on October 10, driven by short covering, but year-end trading volume shrank, with 30-day annualized realized volatility stable around 45%. Bitcoin has been range-bound between $85,000 and $95,000 for nearly two months, awaiting Federal Reserve policy stance; a break below key support levels ($83,821–$86,284) could test $80,641.
3. Institutional Investment Strategies and 2026 Market Outlook
Investors are applying Bitcoin options strategies (such as covered calls and put selling) to the altcoin market to manage price volatility and enhance returns. Delphi Ventures partner predicts Bitcoin and Solana will both reach new all-time highs by 2026, citing strong fundamentals (Wall Street participation, regulatory progress, protocol layer development).
Grayscale notes that regulatory frameworks will be key in 2026, expecting bipartisan legislation on crypto market structure to promote institutional adoption, with short-term limited impact from quantum computing concerns.
4. Cryptocurrency Regulation and Compliance Guidelines
Provides compliance advice for token issuers, exchanges, developers/DAOs, including avoiding securities classification, transparent communication, ongoing token risk monitoring, and reducing reliance on centralized teams. Emphasizes the importance of operational discipline, transparency, and adherence to economic realities, investor expectations, and identifiable management efforts in the absence of comprehensive federal legislation.
5. Listed Company Prenetics Adjusts Bitcoin Purchase Strategy
US-listed Bitcoin treasury company Prenetics ceases Bitcoin purchase plans, no longer adding to holdings, currently holding 510 BTC, with cash equivalents exceeding $70 million, debt-free. The company shifts capital and strategic focus to consumer health brand IM8 for product development and branding; IM8 has achieved over $100 million annualized revenue in 11 months since launch, with projected FY2026 revenue of $180–$200 million.
6. Precious Metals Market Outperforms Bitcoin in 2025
Precious metals (gold, silver) significantly outperformed Bitcoin in 2025, with gold rising about 71%, silver surging approximately 159%, and Bitcoin declining about 6%, retracing roughly 30% from October’s all-time high. Silver volatility (over 50%) surpassed Bitcoin’s (around 45%), mainly driven by increased demand for green technology and export restrictions in China. Bitcoin’s year-end trading volume shrank, as markets digested the impact of October’s forced liquidation event.