Key Takeaways
- Bitcoin and Ethereum ETF flows have remained negative since early November.
- Glassnode attributes trend to reduced institutional participation and market-wide liquidity contraction.
US Bitcoin and Ethereum ETF net flows have remained negative since early November, according to blockchain analytics firm Glassnode. The 30-day simple moving average for both asset classes turned negative in early November and has stayed below zero.
The firm tracks 11 Bitcoin ETFs, including products from BlackRock, Fidelity, Grayscale, Ark/21 Shares, Bitwise, VanEck, Valkyrie, Invesco/Galaxy, Franklin Templeton, and WisdomTree.
Its Ethereum coverage includes nine ETFs from BlackRock, Grayscale, Fidelity, 21 Shares, Bitwise, VanEck, Invesco/Galaxy, and Franklin Templeton.
Source: https://cryptobriefing.com/etf-flows-glassnode-november/
