Glassnode: US Spot ETFs Drive 4% of Bitcoin Market Net Inflows

Around 4% to 5% of total Bitcoin net inflows since January are linked to US Spot ETF investments. US Spot ETF investors’ break-even cost ranges from $54.9k to $59.1k, reflecting potential stress points. Particularly with the growing impact of Exchange Traded Funds (ETFs) in the United States, the Bitcoin market has shown an interesting trend [...]