Institutional interest in crypto ETFs is cooling. Glassnode reports prolonged outflows from
$BTC & Ether ETFs since early November, signaling partial disengagement from institutional allocators.
ETF flows usually lag the spot market, but this trend highlights a broader liquidity contraction across crypto. Last week alone, crypto funds saw $952M in outflows, with capital withdrawn in 6 of the past 10 weeks.
Yet, BlackRock's iShares Bitcoin Trust (IBIT) bucks the trend - $62.5B inflows since inception, even outperforming gold in total flows. Despite a rough year, IBIT proves institutional appeti