Crypto market still focused on Bitcoin spot ETF flows rather than fundamentals

PANews reported on March 25 that according to CoinDesk, the cryptocurrency market is currently paying more attention to the capital flow of Bitcoin spot ETFs rather than fundamentals. A Coinbase research report noted that from March 18 to March 21, the Bitcoin Spot ETF experienced its first net outflow in two months, totaling $836 million. This change may be related to the Genesis Global bankruptcy estate sale, although at the same time, positive inflows from other spot ETFs briefly offset outflows from Grayscale Bitcoin Trust.