Crypto ETF Flows Signal Caution, Not Capitulation
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Recent outflows from Bitcoin and Ether ETFs may signal cooling institutional activity, but analysts caution against reading them as a loss of long-term confidence. Onchain data firm Glassnode reported that the 30-day moving average of net flows into US spot Bitcoin and Ether ETFs has remained negative since early November, pointing to reduced liquidity and muted participation.
However, market observers note that holiday periods typically bring thinner trading volumes and temporary positioning adjustments. Institutional desks are expected to return in early January, when ETF flows often normalize. Meanwhile, XRP ETFs have emerged as a standout, highlighting how differentiated use cases and regulatory clarity can still attract steady capital even during broader market pullbacks.