- Bitcoin and Ethereum spot ETFs net flows remain negative for most of 90 days.
- 30-day SMA of netflows shows no clear indication of renewed demand
- Investors remain cautious as spot ETFs continue showing extended outflows.
Bitcoin and Ethereum spot ETFs have recorded negative net flows over the last 30 days for most of the past three months. Analysts note no signs of renewed demand, suggesting cautious investor sentiment
Bitcoin and Ethereum Spot ETFs Show Extended Negative Netflows
Data from Glassnode indicates that the 30-day simple moving average (SMA) of net flows for Bitcoin and Ethereum spot ETFs has been negative for the majority of the past 90 days. This trend signals that inflows to these ETFs are limited, while outflows dominate the market.
Glassnode tweeted, “The 30D-SMA of netflows for both Bitcoin and Ethereum Spot ETFs remains negative. There is no sign of renewed demand.” Analysts note that persistent negative netflows often reflect cautious investor behavior in periods of market uncertainty.
Investors observing the ETFs are monitoring these netflows as part of broader market sentiment indicators. Continuous outflows may affect liquidity and trading patterns across crypto markets.
Investor Behavior and Market Implications for Spot ETFs
The negative netflow trend has persisted for Bitcoin and Ethereum spot ETFs, suggesting that retail and institutional investors are not increasing positions. Traders rely on 30-day SMA trends to identify demand patterns over time, and current data shows a lack of renewed interest.
While Glassnode provides technical monitoring, market participants may interpret the trend as a signal of reduced buying pressure. Analysts suggest that continued observation of netflows is necessary to assess when or if demand might return. ETF outflows could also affect overall Bitcoin and Ethereum trading volumes, depending on market reactions.
As the netflows remain negative, the 30-day SMA serves as a useful tool for tracking sentiment in crypto ETFs. Investors may continue to adopt a cautious approach until inflows signal renewed buying interest.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
