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After the US spot ETF was approved, the four major European Bitcoin ETPs experienced an outflow of US$75.2 million.

After the US spot ETF was approved, the four major European Bitcoin ETPs experienced an outflow of US$75.2 million.

CointimeCointime2024/01/17 01:44
By:Cointime

Odaily Planet Daily News BitMEX Research statistics show that after the approval of the US Bitcoin spot ETF, it has been traded for 3 days. There is evidence that investors are shifting from high-rate European ETP products to low-rate US ETF products. During this period (January 11-16), the total outflow of funds from the four largest European Bitcoin ETPs amounted to US$75.2 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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