The continuous net outflow of funds from Bitcoin and Ethereum ETFs indicates that some institutional investors are exiting the market

Glassnode posted on social media that since the beginning of November, the 30-day moving average (30D-SMA) of net inflows for Bitcoin and Ethereum ETFs has turned negative and continues to this day. This persistence indicates that institutional investors are in a phase of low participation and partial exit, further confirming the overall trend of liquidity contraction in the cryptocurrency market.