Glassnode: BTC spot ETF flows suggest a market bottom may be near

Recent net outflows from Bitcoin spot ETFs could signal a short-term bottom for BTC, according to an analysis by Glassnode on its official X account. The firm noted a tendency for spot ETFs to experience net outflows when BTC is near a short-term low. Glassnode explained that if these flows stabilize or revert to net inflows, it could indicate the emergence of new demand and a resumption of the upward trend.