Bitcoin’s Recovery Matches Positive ETF Flows: Glassnode Analysis

A recent analysis from Glassnode reveals that Bitcoin’s rebound from $107,000 has coincided with a shift to positive net inflows for U.S. Bitcoin spot ETFs. However, despite this positive trend, daily inflows remain modest, falling significantly short of the robust levels observed during previous Bitcoin uptrends. While demand is showing signs of recovery, it hasn’t yet reached the intensity seen in past market cycles.