glassnode|Oct 29, 2025 04:54
The bounce from $107k coincided with US Spot ETF netflows turning positive. However, inflows remain <1k BTC/day, significantly lower than >2.5k BTC/day seen at the start of major rallies this cycle.
Demand is recovering, but not at the intensity of recent rallies.
📈 https://glassno.de/4htoZIg(glassnode)
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