Bitcoin uptrend lacks broad participation as U.S. spot ETF demand slows, Glassnode says
AI Summary- Glassnode assessed Bitcoin’s early uptrend as lacking broad market participation.
- U.S. spot Bitcoin ETFs received about $1 billion in net inflows on Sept. 21 and 22.
- Glassnode said sell orders represented the market’s immediate test, with ETF demand slowing by late September.