Glassnode, that ever-reliable oracle, reports Bitcoin and Ether ETFs are bleeding out-yes, like a bad soap opera-suggesting the big players are retreating faster than you can say ‘market crash’. 😂
Imagine a giant blockchain crystal ball, and what does it show? A dismal scene of Bitcoin and Ether ETFs shedding their coins like autumn leaves fall. Truly, it’s almost poetic-and by poetic, I mean painfully pathetic. 🌪️
The mighty behemoth of blockchain analysis-Glassnode-has declared that institutional investors are pulling away from the crypto scene, like a bashful bride dodging her wedding. This decline has the market trembling-probably from the thrill of impending doom. 🎢
Extended Outflows: The Market’s Cry for Help
Since early November, the steady stream of cash flowing out of Bitcoin and Ether ETFs has turned into a trickle-perhaps even a drip. The 30-day simple moving average-yes, the fancy tech term-has gone negative. It’s as if the liquidity hose is being turned off, and everyone is left with a drought. 💧
Basically, institutional investors are becoming less active, leaving the crypto dance floor emptier than a Sunday church. Glassnode calls it “muted participation,” but we all know it’s just rich folks playing hard to get. 💼
Their retreat could mean serious long-term trouble-think of it as the market’s equivalent of a mid-life crisis, only with more charts and less reason. 🧐
Since early November, the 30D-SMA of net flows into both Bitcoin and Ethereum ETFs has turned negative and remained so. This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction…
– glassnode (@glassnode)
As if things weren’t bleak enough, the outflows aren’t just whispery-they’re shouting. Institutional investors are clearly rethinking, reevaluating, and probably re-shelving their crypto investments, all without so much as a goodbye. 👋
Crypto ETF Selling Spree: The Return of the Outflow Zombies
Bitcoin ETFs are gasping for air with persistent outflows, like a soap opera villain refusing to die. For four days straight, the money has been leaving faster than you can say “HODL.” But wait, there’s a silver lining-or is there? 🌥️
Oddly enough, BlackRock’s tiny miracle-iShares Bitcoin Trust (IBIT)-has seen some inflows, waving a tiny flag of hope amidst the chaos. Despite the market’s crybaby tendencies, IBIT is holding its own, as if saying, “Hey, I’m still here, look at me!” 🎉
And the grand total? A staggering $952 million pulled out last week, showing that the big players are in a full-blown exit strategy. Only six out of ten weeks weren’t totally disastrous. Talk about a market in freefall! 🚀🚁
Related Reading: Bitcoin Faces Resistance at $88K After Losing Key Support Level
BlackRock’s Bitcoin ETF: The Rebel with a Cause?
While the crypto world is melting down faster than ice cream on a hot day, BlackRock’s IBIT refuses to bow. Despite a lousy year, it’s attracted more cash than some glittering gold funds, even surpassing the venerable SPDR Gold Shares (GLD). 🥇
Eric Balchunas, lauded ETF expert (or just someone who likes big numbers), pointed out that IBIT, despite its bad year, still managed to rack up a cool $25 billion in inflows. Imagine what would happen if markets actually turned around! 😜
This shows that, amid the chaos, some investors cling to Bitcoin like a puppy to a owner-hopeful and maybe a little crazy. 🐶
is the only ETF on the 2025 Flow Leaderboard with a negative return for the year. CT’s knee-jerk reaction is to whine about the return but the real takeaway is that is was 6th place DESPITE the negative return (Boomers putting on a HODL clinic). Even took in more than …
– Eric Balchunas (@EricBalchunas)
So, amidst the chaos and mass exodus, IBIT remains a beacon of stubborn hope. Clearly, some investors have more faith in Bitcoin than in their own dating prospects. It’s a wild, unpredictable dance-grab your popcorn. 🍿
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2025-12-24 15:19