Bitcoin Spot ETFs See Net Outflows as Market Slumps

Recent data from Glassnode indicates that Bitcoin spot ETFs are currently seeing net outflows. This trend is consistent with historical patterns observed during periods of declining market sentiment, particularly when prices drop significantly. The company notes that when fund flows stabilize or shift to positive inflows, past trends suggest a potential upswing in demand and the early stages of a price rebound, indicating that a market recovery cycle may be underway.