Glassnode reports that Bitcoin and Ether ETFs are seeing outflows, signaling institutional disengagement from crypto. Flows into crypto ETFs have been negative since early November, reflecting a broader market contraction. BlackRock’s IBIT is the only ETF with negative returns on Bloomberg’s leaderboard, outperforming gold in inflows despite the negative return.

Read more at Cointelegraph: Crypto ETF Outflows Show Institutions Disengaging: Glassnode