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The last month was the second highest monthly influx into Bitcoin ETPs: K33

July 17, 2023
in Altcoin1
Reading Time: 1 min read
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The last month was the second highest monthly influx into Bitcoin ETPs: K33
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Quick Take

During the period from June 16th to July 16th, Bitcoin Exchange-Traded Products (ETPs) experienced a significant increase in net inflows, totaling 25,202 BTC. This influx of funds represents the second-highest monthly net inflow into Bitcoin ETPs, with the only higher figure being the record set in October 2021. It’s worth noting that October 2021 saw the introduction of BITO and other futures-based ETFs in the United States, which led to an unprecedented surge in inflows.

ETP: (Source: K33 Research)

The post The last month was the second highest monthly influx into Bitcoin ETPs: K33 appeared first on CryptoSlate.

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