BlockBeats News, March 31st, Glassnode released analysis stating that the 7-day Simple Moving Average net inflow of the US Bitcoin spot ETF has turned negative since the beginning of last week, with recent daily net outflows ranging from 200 to 500 BTC. Although the outflow scale is not large, it has been persisting. This is a more subtle signal indicating that at the current Bitcoin price level, institutional buying interest and demand confidence are still somewhat hesitant.
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