Source: CryptoNewsNet
Original Title: Decline in active Bitcoin addresses since 2024 ETF launches indicates institutional shift
Original Link:
Active Bitcoin Addresses Decline Post-ETF Launch
Active Bitcoin addresses have declined since the launch of spot Bitcoin ETFs in early 2024, signaling a shift toward institutional investment over retail participation in the crypto market.
Bitcoin ETFs, investment funds that track Bitcoin’s price through traditional stock exchanges, have driven institutional inflows while contributing to reduced onchain activity. The funds allow investors to gain Bitcoin exposure without directly holding the digital asset.
The decline in active addresses has coincided with Bitcoin reaching new price highs since ETF introductions, suggesting institutional adoption through ETF structures has outpaced direct retail engagement with the blockchain network.
Onchain engagement has softened despite the price appreciation, indicating that while institutions increasingly use ETF vehicles for Bitcoin exposure, retail investors are participating less directly in network activity.
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SchrodingerAirdrop
· 12-10 07:26
Institutions got on the bus, retail investors were cleared, this script is really well written
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PumpAnalyst
· 12-09 16:20
I can’t help but laugh when I see the number of active addresses dropping. These institutions are really quietly fleecing retail investors this time. As soon as the ETF launched, addresses started declining—what does that tell us? It means retail investors are getting shaken out while the big players have already positioned themselves.
But on the other hand, it could also signal that funds are flowing from small holders to whales, so we still need to watch the technicals. Don’t let this dip scare you—this might actually be the last chance to get in.
Wait, isn’t this logic kind of backwards? Fewer addresses are supposed to mean institutions are entering? Sounds a bit like we’re the ones being fleeced…
Honestly, this data is definitely worth paying attention to, but don’t get fooled by the headlines. Risk management comes first—chasing pumps can be deadly.
Isn’t this just a textbook case of accumulation before the big players pump the price? I’m optimistic about the upcoming swing moves.
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FromMinerToFarmer
· 12-08 22:54
The big players have all come in, while the small investors are actually leaving... This is the real truth.
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RooftopReserver
· 12-08 22:51
Institutions are frantically buying the dip, while the number of retail addresses is decreasing... It really is the era of the whales now.
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orphaned_block
· 12-08 22:45
That's it? The decrease in addresses is normal; whales have long been trading off-chain. Isn't the ETF meant to attract institutions anyway?
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StableNomad
· 12-08 22:40
actually... seeing fewer addresses move around but more volume per tx? that's just smart money consolidating holdings, not exactly bearish if you look at the correlation coefficient. reminds me of UST in May except, y'know, backwards and actually backed by something lol
Reply0
RugResistant
· 12-08 22:36
ngl this address decline pattern screams centralization risk... investigated the data thoroughly & red flags detected everywhere. institutional money parking in custodial solutions instead of running nodes? that's the real vulnerability nobody's talking about. further investigation required on custody provider security implementations honestly
Decline in active Bitcoin addresses since 2024 ETF launches indicates institutional shift
Source: CryptoNewsNet Original Title: Decline in active Bitcoin addresses since 2024 ETF launches indicates institutional shift Original Link:
Active Bitcoin Addresses Decline Post-ETF Launch
Active Bitcoin addresses have declined since the launch of spot Bitcoin ETFs in early 2024, signaling a shift toward institutional investment over retail participation in the crypto market.
Bitcoin ETFs, investment funds that track Bitcoin’s price through traditional stock exchanges, have driven institutional inflows while contributing to reduced onchain activity. The funds allow investors to gain Bitcoin exposure without directly holding the digital asset.
The decline in active addresses has coincided with Bitcoin reaching new price highs since ETF introductions, suggesting institutional adoption through ETF structures has outpaced direct retail engagement with the blockchain network.
Onchain engagement has softened despite the price appreciation, indicating that while institutions increasingly use ETF vehicles for Bitcoin exposure, retail investors are participating less directly in network activity.