The last month was the second highest monthly influx into Bitcoin ETPs: K33
Second highest monthly net inflow which is only surpassed by launch of futures-based etfs in the U.S. during October 2021
James Van Straten / Jul. 17, 2023 at 5:05 pm UTC
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.
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.
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