Bitcoin ETFs: The Red Zone of Doom or Just a Blip?

by

Oh, the drama! The Bitcoin spot ETFs are having a bit of a meltdown, darling. Data (yes, the boring kind) reveals these investment darlings have been bleeding netflows like a Bridget Jones’s diary entry after a bad date. For 90 days, they’ve been in the red zone, and no, it’s not a trendy new lipstick shade.

Bitcoin & Ethereum ETFs: Outflows Galore, But Who’s Counting?

Glassnode, the Sherlock Holmes of on-chain analytics, spilled the tea on X (formerly Twitter, because why not?). Both Bitcoin and Ethereum spot ETFs have been on a negative netflow bender, according to their 30-day simple moving average (SMA). Fancy jargon, but basically, money’s been leaving faster than Mark Darcy at a singles’ night.

Spot ETFs, for the uninitiated, are like the Tinder of investing-swipe right to get exposure to crypto without the hassle of wallets or exchanges. The SEC gave Bitcoin ETFs the green light in January 2024, and Ethereum followed suit in July. It was all champagne and confetti until… well, now.

The beauty of these ETFs? You can dip your toe into the crypto pool without drowning in blockchain jargon. But apparently, even that wasn’t enough to keep the traditional investors from hitting the eject button when the market took a nosedive.

Here’s the chart Glassnode shared, because nothing says “fun” like a graph in the red:

Yes, that’s the Bitcoin ETF netflow looking like my bank account after a shopping spree. The only time it perked up was in January, during a price recovery surge. But let’s be honest, who doesn’t love a fleeting moment of optimism?

Ethereum’s not faring much better. Its spot ETF netflow is also in the dumps, as shown below:

Both cryptocurrencies saw their biggest outflows in the last quarter of 2025 (yes, we’re time-traveling now), but February’s been no picnic either. Glassnode’s verdict? No renewed demand in sight. Cue the sad trombone.

BTC Price: Still Kicking, Sort Of

Meanwhile, Bitcoin’s price is hanging in there like a bad habit. At the time of writing, it’s hovering around $69,200, up over 5% in the last seven days. Not exactly a triumph, but hey, it’s not zero.

So, what’s the takeaway? ETFs are having a moment (or three months) of weakness, but crypto’s still here, doing its thing. Whether it’s a blip or the start of a trend, only time-and Mark Darcy’s patience-will tell.

Read More

2026-02-14 07:31