Glassnode: Since the beginning of November, the 30-day net inflow moving average of Bitcoin and Ethereum spot ETFs has been continuously turning negative.

This article is machine translated
Show original
Glassnode points out that the 30-day net inflow moving average for Bitcoin and Ethereum spot ETFs has been consistently negative since the beginning of November. The firm states that this continued weakening reflects declining institutional participation and the withdrawal of some funds, exacerbating the overall liquidity contraction in the crypto market.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
56
Add to Favorites
16
Comments