$BTC ETF Bleeding Reveals Institutional Retreat, Says Glassnode


Sustained outflows from $BTC and $ETH exchange-traded funds indicate institutional investors are disengaging from crypto markets, according to analytics platform Glassnode. The 30-day simple moving average of net flows into US spot $BTC and $ETH ETFs has turned negative since early November.


Glassnode said Tuesday this persistence suggests muted participation and partial disengagement from institutional allocators, reinforcing a broader liquidity contraction across the crypto market. Flows into #cryptoETFs typically lag spot markets for the tokens, which have trended downward since mid-October.


The funds are viewed as a bellwether for institutional sentiment, which drove markets for most of this year but appears to have shifted bearish as the wider market contracts. Coinglass reported that aggregate #Bitcoin ETF flows have been negative for four consecutive trading days, though BlackRock's iShares Bitcoin Trust saw minor inflows over the past week.

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December 24, 2025 at 5:27 PM
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