Bitcoin ETFs’ 30D-SMA Net Inflows Turn Negative, Indicating Liquidity Tightening as Institutional Participation Dips

According to Glassnode, shared via social channels on December 24, net inflows into the Bitcoin and Ethereum ETFs calculated on a 30D-SMA basis have fallen negative since early November and have remained there. This halt in positive flow points to shifting demand dynamics among professional participants rather than a broad market downturn.

The persistence of negative inflows indicates subdued institutional participation and partial withdrawal across ETF desks, reinforcing a broader narrative of liquidity tightening within the crypto market.

While not a price forecast, the reading highlights current crypto market liquidity conditions that can influence risk management and allocation strategies.