Data: The 30-day moving average decline of the US spot ETF trading has reached 78%

Wu Shuo learned that, according to Glassnode data, the 30-day moving average of U.S. spot ETF trading has decreased from $4.4 billion per day in October 2025 to just $960 million per day now, a decline of 78%. Combined with the previous 49% drop in trading volume reported by DAT, both of BTC's TradFi channels have sent similar signals: speculative demand for BTC in traditional markets has gradually disappeared.
BTC2.27%
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Cream-ColoredCross-ChainBridge
· 3h ago
DAT and ETF double kill, indicating that old money is tired of the narrative around BTC; the next round will depend on a new story.
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GateUser-c4e25c95
· 3h ago
78% decrease, institutional enthusiasm has cooled off even faster than I expected, now it depends on whether on-chain data can hold up.
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Post-RainReflectionsMarket
· 3h ago
ETF flow decline like this, those TradFi folks have really run away completely.
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