Bitcoin ETFs Are Bleeding Faster Than My Patience
Glassnode, the on-chain analytics firm that loves to rain on everyone’s parade, pointed out on X (formerly Twitter, because Elon Musk needed another thing to ruin) that the average netflow for both Bitcoin and Ethereum spot ETFs has stayed negative. Spot ETFs are supposed to be the golden ticket for investors who want crypto exposure without actually touching the blockchain. But hey, here we are, watching money evaporate faster than my patience at a vegan dinner party.
