Glassnode: Bitcoin and Ethereum ETF Fund Flows Continue to Show Net Outflows, Indicating Some Institutional Investors Are Exiting the Market
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BlockBeats News, December 24th, Glassnode posted on social media that since early November, the net inflows into Bitcoin and Ethereum ETFs' 30-day Simple Moving Average (30D-SMA) have turned negative and have remained so ever since.
This persistence indicates that institutional investors are currently in a phase of low participation and partial withdrawal, further confirming the overall trend of liquidity tightening in the crypto market.
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