Bitcoin’s market structure has entered a new phase as US spot exchange-traded funds now account for more than 5% of cumulative net inflows into the asset. According to Glassnode, the 12 funds have allowed institutions to become a marginal source of demand for…
Bitcoin price action is no longer determined by exchanges, forcing traders to watch this one institutional metric
Bitcoin's market structure shifts as US spot ETFs account for over 5% of net inflows, highlighting institutional influence and potential regulatory risks.