After the US spot ETF was approved, the four major European Bitcoin ETPs experienced an outflow of US$75.2 million.
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.
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.
You may also like
Hyperliquid currently airdrops over 274 million HYPE, with an average of 2,905 per address
A Base Ecosystem trader increased his capital from $15,300 to $1.29 million in 2 days
Forget the Gold vs. Bitcoin Debate, Kiyosaki Has a Bigger Message for Investors
Trending news
MoreCrypto prices
More
