Extended crypto ETF outflows shows institutions disengaging: Glassnode

cointelegraphPublished on 2025-12-24Last updated on 2025-12-24

Abstract

Cryptocurrency ETFs, particularly for Bitcoin and Ether, are experiencing a prolonged period of outflows, signaling a significant pullback by institutional investors, according to analytics firm Glassnode. The 30-day simple moving average for net flows into US spot Bitcoin and Ether ETFs turned negative in early November, indicating muted institutional participation and a broader liquidity contraction in the crypto market. While aggregate Bitcoin ETF flows have been negative for four consecutive days, BlackRock's iShares Bitcoin Trust (IBIT) saw minor recent inflows. Despite the current trend, IBIT has attracted $62.5 billion since its launch, surpassing all competitors. Notably, it ranked sixth on Bloomberg’s 2025 Flow Leaderboard despite a negative return, even outperforming the SPDR Gold Shares fund in inflows, which analysts see as a positive long-term indicator.

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 It reported that crypto funds recorded $952 million in outflows last week, and investors have now withdrawn capital in six out of the last ten weeks.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

Related Questions

QWhat does the prolonged streak of outflows from Bitcoin and Ether ETFs indicate according to Glassnode?

AIt indicates that institutional investors have disengaged with crypto, suggesting a phase of muted participation and a broader liquidity contraction across the crypto market.

QSince when has the 30-day simple moving average of net flows into US spot Bitcoin and Ether ETFs turned negative?

ASince early November.

QWhich Bitcoin ETF has seen minor inflows over the past week despite overall outflows?

ABlackRock’s iShares Bitcoin Trust (IBIT).

QHow much in outflows did crypto funds record last week as reported by the Kobeissi Letter?

A$952 million.

QWhat significant achievement did Bloomberg ETF analyst Eric Balchunas highlight about the iShares Bitcoin Trust (IBIT) on the 2025 Flow Leaderboard?

AIBIT was the only ETF on the leaderboard with a negative return for the year but still ranked sixth in flows, even taking in more than the SPDR Gold Shares fund (GLD) which was up 64%.

Related Reads

Bitcoin’s 4-Year Moving Average Shows Where The Market Bottom Lies Here

Crypto analyst Adam Livingston points to Bitcoin's 4-year moving average (MA), currently near $60,000, as a key indicator for a potential market bottom. He notes that BTC's price is historically cheap relative to this average, suggesting this zone has been a high-quality accumulation area. The analysis comes as Bitcoin faces significant selling pressure, dropping from highs near $71,000 to around $63,600, with increased exchange inflows and sustained ETF outflows. While Livingston views the $60,000 MA area as a likely bottom, other analysts like Bluntz predict a sweep down to $58,000, and Ali Martinez warns support could lie between $54,000 and $50,000 based on MVRV bands.

bitcoinist49m ago

Bitcoin’s 4-Year Moving Average Shows Where The Market Bottom Lies Here

bitcoinist49m ago

Is The XRP Vs. SWIFT War Already Over, Or Are Banks Taking Another Route?

The article challenges the common narrative of a direct "war" between XRP (representing blockchain-based settlement) and SWIFT (the traditional banking messaging network). It argues this framing is misleading, as SWIFT primarily handles payment instructions and communication, not the actual settlement of funds. Therefore, its newer initiatives don't directly compete with XRP's role as a settlement asset. Instead, blockchain interoperability protocols like Axelar or Chainlink are seen as closer competitors to SWIFT's messaging function. The piece highlights that major banks involved with SWIFT's latest framework are also exploring or partnering with Ripple and blockchain solutions. This suggests financial institutions are not choosing one system over the other but are building a hybrid model. In this emerging architecture, traditional messaging networks like SWIFT could coordinate transactions and compliance, while separate blockchain-based layers like XRP handle faster, more efficient value settlement. The conclusion is that the future of cross-border payments may involve coexistence and integration, rather than a winner-takes-all battle between XRP and SWIFT.

bitcoinist2h ago

Is The XRP Vs. SWIFT War Already Over, Or Are Banks Taking Another Route?

bitcoinist2h ago

BitMine Copies Saylor’s Strategy Playbook With Ethereum Preferred Stock Offering

BitMine Immersion Technologies is following a strategy similar to Michael Saylor's MicroStrategy, but for Ethereum. The company has filed for a public offering of 3 million shares of 9.50% Series A Perpetual Preferred Stock, with a stated value of $100 per share, to raise capital for expanding its Ethereum holdings and staking infrastructure. Proceeds are earmarked for acquiring ETH and other digital assets, expanding its "MAVAN" validator network, and other corporate purposes. The preferred stock will pay cumulative dividends at 9.50% annually and includes provisions for dividend penalties and company redemption options. BitMine has applied to list the shares on the NYSE under the ticker BMNP.

bitcoinist2h ago

BitMine Copies Saylor’s Strategy Playbook With Ethereum Preferred Stock Offering

bitcoinist2h ago

Is Cardano Over? Charles Hoskinson Warns Of A “Wave Of Failures” — And His Own Community Is Furious

Cardano co-founder Charles Hoskinson has issued a severe warning, predicting a "wave of failures," forced consolidation, and DeFi shutdowns across the Cardano ecosystem in the second half of 2026. His comments followed the sudden shutdown announcement of TapTools, a major analytics and infrastructure platform for Cardano, citing unsustainable costs. Hoskinson framed this not as an isolated incident but a sign of deeper ecosystem stress, acknowledging that a proposed treasury-funded index to support projects never materialized. He subsequently announced he was "taking a break." The crypto community reacted with strong criticism. Prominent figures accused Hoskinson of overselling Cardano's potential and failing to deliver on promises, leaving investors to suffer. The ecosystem faces significant challenges: Cardano's Total Value Locked (TVL) ranks only 28th, its 2026 summit was canceled, engineering funding was slashed, and ADA's price has fallen below $0.20 for the first time in over five years. Hoskinson's own bleak assessment raises fundamental questions about Cardano's ability to reverse its current trajectory.

bitcoinist3h ago

Is Cardano Over? Charles Hoskinson Warns Of A “Wave Of Failures” — And His Own Community Is Furious

bitcoinist3h ago

What To Expect For The Bitcoin Price By EOY 2026

A crypto analyst, Aralez, provides predictions for Bitcoin's price through the end of 2026. For the remaining Q2 2024, a bearish outlook is forecasted, with Bitcoin potentially dropping to around $58,000. The third quarter is expected to see Bitcoin enter a capitulation phase, followed by whale accumulation and a potential price bottom as the Federal Reserve eases interest rates. The final leg of the year is predicted to bring a major bullish surge, with Bitcoin potentially rising over 30% and targeting $100,000 by the end of 2026, driven by factors like the AI narrative and increased crypto market liquidity.

bitcoinist5h ago

What To Expect For The Bitcoin Price By EOY 2026

bitcoinist5h ago

Trading

Spot
Futures

Hot Articles

How to Buy SFP

Welcome to HTX.com! We've made purchasing SafePal (SFP) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy SafePal (SFP) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your SafePal (SFP)After purchasing your SafePal (SFP), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade SafePal (SFP)Easily trade SafePal (SFP) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

649 Total ViewsPublished 2026.05.22Updated 2026.06.02

How to Buy SFP

How to Buy CTR

Welcome to HTX.com! We've made purchasing Citrea (CTR) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Citrea (CTR) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Citrea (CTR)After purchasing your Citrea (CTR), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Citrea (CTR)Easily trade Citrea (CTR) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

505 Total ViewsPublished 2026.05.25Updated 2026.06.02

How to Buy CTR

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of A (A) are presented below.

活动图片

Top Questions

Hot Categoriesright-arrow

Hot Tagsright-arrow