Bitcoin Spot ETF Net Outflows Near Market Lows Signal Waning Sentiment Ahead of Demand Recovery

Glassnode’s latest data indicates a net outflow from the spot Bitcoin ETF, a pattern often observed near local market lows with waning market sentiment. The evolving fund flow signals liquidity rotation rather than broad conviction, underscoring cautious positioning among investors.

Historically, when fund flow stabilizes or turns positive, analysts observe early signs of demand recovery and a potential trend warming toward risk appetite. Traders use these inflection points to calibrate exposure and risk in the high-volatility crypto space.

In a separate update from Farside, yesterday’s data show the US spot Bitcoin ETF registering a net inflow of $20.3 million, suggesting pockets of renewed buyer interest that could precede renewed price action, subject to macro and liquidity conditions.