Data: Glassnode Bitcoin ETF Resuming Net Inflows Typically Indicates Demand Recovery and Early Stages of Trend Reversal
ChainCatcher reported that Glassnode released data on social media indicating that spot Bitcoin ETFs have experienced net capital outflows. This phenomenon often occurs near local market lows and is accompanied by a decline in market sentiment. Historically, when capital flows stabilize or turn positive, it usually signals the early stage of demand recovery and a warming trend.
Previously, according to monitoring data from Farside, the net inflow into US spot Bitcoin ETFs was $20.3 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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