Glassnode: Bitcoin ETF Volumes Fall 78% Since October 2025

Glassnode data shows the 30D-SMA of US Spot ETF trading volume for BTC has plunged from $4.4B per day in October 2025 to just $0.96B today, marking a 78% contraction that signals speculative appetite for Bitcoin in traditional markets has largely withdrawn, a move mirrored by the 49% drop in DAT company volumes over the same period. This withdrawal aligns with broader crypto market crash concerns and forces a reassessment of BTC price prediction models as institutional flows dry up. On the 4h chart BTC sits at $62966.22 inside the Bollinger Bands with upper resistance at $64113.26 while the EMA50 at $63771.67 acts as immediate resistance above the EMA200 at $70864.45, RSI at 52.71 stays neutral and MACD registers a bullish golden cross at -110.82, suggesting price may test the lower band support near $60822.64 before any sustained move higher amid fading AI industry impact on risk assets.