币界网报道：Unhedged spot Bitcoin ETF flows indicate that Bitcoin is increasingly being recognized as a macro asset, according to market analysts. Recent data shows significant inflows into spot Bitcoin ETFs, suggesting institutional and retail investors are treating BTC as a hedge against broader economic uncertainties. Analysts highlight that unlike leveraged or futures-based products, unhedged spot ETFs directly reflect market demand for Bitcoin, reinforcing its status as a standalone asset class. The trend aligns with growing adoption by corporations and investment funds, further validating Bitcoin's role in diversified portfolios. Market observers note that sustained ETF inflows could drive long-term price stability and reduce volatility, solidifying Bitcoin's position in global financial markets.