Bitcoin has entered the late stage of its bear market cycle, according to CryptoQuant analyst Axel Adler Jr. Recent developments in the ETF sector indicate a potential easing of market pressure. U.S. spot Bitcoin ETFs have seen net inflows totaling $223 million, with significant demand directed towards FBTC, which received $166 million, and ARKB, which attracted $91.8 million.
Bitcoin Enters Late Bear Market Stage as ETF Inflows Signal Relief
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
