金色财经|Oct 29, 2025 04:56
[Glassnode: Market demand is gradually recovering, but the strength of the recovery has not yet reached the intensity of recent rallies]
According to a report by Jinse Finance, Glassnode posted on the X platform that Bitcoin's rebound from the $10.7K price level coincided with the net inflow of funds into U.S. spot ETFs (Exchange-Traded Funds) turning positive from negative. However, the daily net inflow of such ETFs currently remains below 1,000 BTC, far lower than the level of over 2,500 BTC/day seen during the start of previous major rallies in this cycle.
Market demand is gradually recovering, but the strength of the recovery has not yet reached the intensity of recent rallies.
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