Glassnode: Bitcoin and Ethereum ETF Fund Flows Continue to Show Net Outflows, Indicating Some Institutional Investors Are Exiting the Market
BlockBeats News, December 24th, Glassnode posted on social media that since early November, the net inflows into Bitcoin and Ethereum ETFs' 30-day Simple Moving Average (30D-SMA) have turned negative and have remained so ever since.
This persistence indicates that institutional investors are currently in a phase of low participation and partial withdrawal, further confirming the overall trend of liquidity tightening in the crypto market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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