Glassnode: Bitcoin at $76,800, $467.5M ETF Outflow for the Week
- —Weekly outflow from US spot Bitcoin ETFs was $467.5 million versus an inflow of $753.2 million the prior week
- —Spot CVD fell from -$29.7 million to -$142.7 million, below the lower bound of -$115.3 million
- —Futures open interest declined from $37.1 billion to $36.4 billion, but remains above the upper bound of $36.0 billion
- —66.2% of BTC supply is in profit, monthly realized cap change rose from 0.8% to 1.0%
Why it matters: Spot, derivatives and ETF flows point to seller pressure, but new capital inflows persist — the market is vulnerable to further declines.
Source: Bitcoin Insider