BTC selling pressure easing as institutions show early signs of buying, Glassnode says

Glassnode reported that Bitcoin spot ETF fund flows are showing signs of stabilizing after a period of sustained outflows. The firm noted that netflow turned positive again on Feb. 14 as Bitcoin broke through the $70,000 mark, suggesting that selling pressure is easing. While demand from institutional investors remains uncertain, the analysis concluded that early signs of accumulation are emerging.