glassnode: Since the beginning of November, ETF funds have continued to flow out, indicating a phase of reduced institutional participation and partial withdrawal.

According to Odaily Planet Daily, Glassnode published an article on the X platform stating that since the beginning of November, the 30-day moving average (30D-SMA) of net inflows into Bitcoin and Ethereum ETFs has turned negative and remains so. This persistence indicates a phase of reduced institutional participation and partial exits, exacerbating the overall liquidity contraction in the crypto market.