On-chain analytics firm Glassnode has pointed out how Bitcoin spot ETF inflows are still not at the intensity seen during previous rallies this cycle.

Bitcoin Spot ETF Inflows Are Currently Under 1,000 BTC Per Day

In a new post on X, Glassnode has talked about the latest trend in the inflows of the spot exchange-traded funds (ETFs) . The spot ETFs refer to investment vehicles that allow investors to gain exposure to an asset’s price movements without having to directly own it.

The US Securities and Exchange Commission (SEC) approved spot ETFs for Bitcoin back in January 2024. Whenever a trader invests into one of these products, the fund buys and holds BTC on their behalf. This means that an investor of a spot ETF never has to deal with anything involving the blockchain, like an exc

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