ETF trading volume has collapsed by 78%. The speculative enthusiasm for BTC in traditional finance is indeed waning, but on-chain data is the real and solid signal; continue to observe.

BTC2.31%
View Original
CoinNetwork
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.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned