Crypto World News reports that Glassnode states the 30-day moving average of trading volume for US spot ETFs has shrunk from $4.4 billion daily in October 2025 to $960 million today, a decline of 78%. Combined with the previously mentioned 49% drop in trading volume for DAT, these two traditional financial channels' investment signals for Bitcoin indicate that speculative demand for Bitcoin in traditional markets has significantly retreated.

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GasFeesForNightRuns
· 3h ago
ETF inflows shrink by 70-80%, and the FOMO in TradFi comes quickly and leaves even faster. Now, it depends on whether on-chain data can hold up the scene.
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MorningGoldAsWavesCrashAgainst
· 3h ago
DAT has also nearly halved, and traditional funds are withdrawing even faster than I expected. The short-term sentiment is indeed quite bleak.
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CancelingOrdersIsLikeBreathing
· 3h ago
78% reduction... But this kind of data often corresponds to a cyclical bottom; when they come back to chase higher prices, it will probably be another price altogether.
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