Extended crypto ETF outflows shows institutions disengaging: Glassnode
Analysis
Price Impact
HighSustained institutional etf outflows for bitcoin and ether, as reported by glassnode, signal institutional disengagement and reduced liquidity in the crypto market.
Trustworthiness
HighData is sourced from reputable analytics firms like glassnode and coinglass, and corroborated by market observers like the kobeissi letter and bloomberg etf analyst eric balchunas.
Price Direction
BearishConsistent withdrawals of capital from crypto etfs by institutional investors typically lead to decreased buying pressure and increased selling pressure, contributing to a bearish sentiment and potential price declines. while blackrock's ibit shows strong long-term total inflows, the current extended outflows indicate a short-term bearish trend.
Time Effect
ShortThe reported outflows have been sustained since early november and for several consecutive trading days recently, indicating an immediate and ongoing impact on market sentiment and price action.
Original Article:
Article Content:
Martin Young 2 minutes ago Extended crypto ETF outflows shows institutions disengaging: Glassnode Bitcoin and Ether ETFs have recorded sustained outflows since early November, which Glassnode says signals institutional disengagement. Listen 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin and Ether exchange-traded funds have seen a prolonged streak of outflows, indicating that institutional investors have disengaged with crypto, says the analytics platform Glassnode. Since early November, the 30-day simple moving average of net flows into US spot Bitcoin ( BTC ) and Ether ( ETH ) ETFs has turned negative, Glassnode said on Tuesday. “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market,” it added. Flows into crypto ETFs usually lag the spot markets for the tokens, which have been trending down since mid-October. The ETFs are also considered a bellwether for institutional sentiment , which has been a market driver for most of this year but seemingly turned bearish as the wider market has contracted. Source: Glassnode Crypto ETF selling pressure is back Coinglass said aggregate Bitcoin ETF flows have been in the red for the past four consecutive trading days. However, BlackRock’s iShares Bitcoin Trust (IBIT) has seen minor inflows over the past week. “Crypto ETF selling pressure is back,” the Kobeissi Letter said on Tuesday. It reported that crypto funds recorded $952 million in outflows last week, and investors have now withdrawn capital in six out of the last ten weeks. Related: BlackRock pins Bitcoin ETF as major theme alongside T-bills, tech stocks Despite the recent outflows, the industry-dominant BlackRock fund has seen $62.5 billion in inflows since inception, eclipsing all rival spot Bitcoin ETFs. IBIT beat gold for flows Bloomberg ETF analyst Eric Balchunas said on Saturday that IBIT is the only ETF on Bloomberg’s “2025 Flow Leaderboard” with a negative return for the year. “The real takeaway is that it was sixth place despite the negative return,” he added. Balchunas said that BlackRock’s flagship Bitcoin fund even took in more than the SPDR Gold Shares fund (GLD), which was up 64%. “That’s a really good sign long term IMO. If you can do $25 billion in a bad year, imagine the flow potential in a good year.” Magazine: Bitcoin may dip to $65K in 2026, Clarity Act speculation grows: Hodler’s Digest # Bitcoin # Ethereum ETF # Bitcoin ETF Add reaction