Asia Morning Briefing: Bitcoin Trades at $109K as U.S. ETF Demand Fades and Powell’s Hawkish Tone Hits Risk Assets

Coin Desk 11 hours ago 204

CryptoQuant data shows U.S. spot ETF flows turning negative while Glassnode flags heavy long-term holder selling. Solana’s new spot ETFs drew inflows but failed to lift prices as sentiment weakened after large on-chain transfers.

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