Cryptocurrencies: 12,866
Markets: 940
Marketcap: $ 2.05 T(0.79%)
24h Vol: $ 87.19 B
BTC Dominance: 48.87%

Bitcoin ETPs Experience Second-Highest Monthly Influx: A Promising Sign for Cryptocurrency Investors

Quick Take

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

– From June 16th to July 16th, Bitcoin Exchange-Traded Products (ETPs) saw a significant increase in net inflows.
– The total net inflow during this period was 25,202 BTC.
– This represents the second-highest monthly net inflow into Bitcoin ETPs, with the record set in October 2021 being the only higher figure.

Closing paragraph

The last month has been a strong one for Bitcoin ETPs, with a substantial influx of funds. This shows continued interest and confidence in the cryptocurrency market, despite its volatility. While it may not have broken the previous record, the second-highest monthly net inflow is still an impressive feat. It will be interesting to see if this trend continues and if Bitcoin ETPs can surpass their previous record in the future. Keep hodling, crypto enthusiasts!


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