BTC spot ETFs show signs of easing selling pressure

On-chain analyst Axel Adler Jr. said on X that with Bitcoin entering the late stage of a bear market, the spot ETF market is showing its first signs of easing selling pressure. On the most recent trading day, U.S. spot Bitcoin ETFs saw a total net inflow of $223 million. Fidelity's FBTC and Ark's ARKB absorbed most of these funds, with inflows of $166 million and $91.8 million, respectively. Adler noted that this net inflow suggests a potential recovery in institutional investor demand during the bear market phase.