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

July 17, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Fast Take

Throughout the interval from June sixteenth to July sixteenth, Bitcoin Change-Traded Merchandise (ETPs) skilled a major improve in internet inflows, totaling 25,202 BTC. This inflow of funds represents the second-highest month-to-month internet influx into Bitcoin ETPs, with the one greater determine being the document set in October 2021. It’s price noting that October 2021 noticed the introduction of BITO and different futures-based ETFs in the USA, which led to an unprecedented surge in inflows.

ETP: (Source: K33 Research)
ETP: (Supply: K33 Analysis)

The put up The final month was the second highest month-to-month inflow into Bitcoin ETPs: K33 appeared first on CryptoSlate.

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