Bitcoin trading volume maintained at 1.5x… ETFs see 2 consecutive weeks of net outflows
Original headline비트코인 거래량 1.5배 유지…ETF는 2주 순유출
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Bitcoin's combined spot exchange and U.S. spot ETF trading volume has held at roughly 1.5 times pre-rally levels from mid-July to mid-August, even after BTC fell about 10% from its September high, according to a Glassnode weekly on-chain report dated Nov. 4. Over the past two weeks, U.S. spot Bitcoin ETFs recorded approximately $1 billion in net outflows through Nov. 2, contrasting with the elevated trading activity. The volume metric aggregates Bitcoin spot trading across major exchanges with trading in U.S. spot ETF shares. The divergence matters because sustained turnover alongside ETF redemptions suggests active repositioning rather than a collapse in participation. What to watch next is whether ETF flows stabilize or extend their outflow streak, and whether trading volume holds above its August baseline if price weakness continues.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), US spot Bitcoin ETFs, Glassnode
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