Glassnode: The recovery of net inflows in Bitcoin ETFs usually indicates a resurgence in demand and the early stages of a trend recovery.

On October 24, Glassnode released data on social media indicating that there was a net outflow of funds from the Spot Bitcoin ETF. This phenomenon often occurs near local market lows, accompanied by a decline in market sentiment. When the flow of funds stabilizes or turns positive, historical patterns suggest that it usually signifies the early stages of demand recovery and a warming trend. According to previous reports, data monitored by Farside showed a net inflow of 20.3 million USD into the US Bitcoin Spot ETF yesterday.

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