According to @glassnode, last week saw the first net outflow from Bitcoin (BTC) spot ETFs in more than two months, breaking a consistent period of inflows. This modest outflow suggests a shift to a more cautious market sentiment as the BTC price remains stalled below the $120,000 level. Traders should monitor ETF flows closely, as shifts in institutional demand can signal potential changes in short-term price momentum and overall crypto market confidence. Source: @glassnode.

According to @glassnode, last week witnessed the first net outflow from BTC spot ETFs in over two months, ending a consistent period of inflows. Although the outflow was modest, it signals growing caution among traders as Bitcoin's price remains stalled below the $120,000 level. This shift in ETF flows is a key indicator for market sentiment and may influence short-term trading strategies and volatility in the BTC market. Source: @glassnode