Glassnode reports persistent negative net flows in US Bitcoin and Ethereum ETFs
Summary
Blockchain analytics firm Glassnode reports that the 30-day simple moving average for net flows in US Bitcoin and Ethereum ETFs has remained negative since early November. Glassnode attributes this persistent negative trend to a phase of muted participation and partial disengagement from institutional allocators, which is reinforcing a broader liquidity contraction across the cryptocurrency market. The firm tracks 11 Bitcoin ETFs from major providers like BlackRock and Fidelity, and nine Ethereum ETFs from similar issuers.
(Source:Crypto Briefing)