Glassnode reports persistent negative net flows in US Bitcoin and Ethereum ETFs
NegativeCryptocurrency

- Glassnode's recent data indicates that net flows for Bitcoin and Ethereum exchange-traded funds (ETFs) in the U.S. have remained negative since November, signaling a decline in institutional demand for these cryptocurrencies.
- This persistent negative trend in ETF flows is concerning for investors and market analysts, as it reflects waning interest from institutional players who typically drive significant capital into the crypto market.
- The broader cryptocurrency landscape is also experiencing volatility, with Ethereum's price recently dropping 9% and active addresses hitting a seven-month low, further underscoring the challenges facing both Bitcoin and Ethereum amidst a turbulent market environment.
— via World Pulse Now AI Editorial System







