K33 Research Director Vetle Lunde noted that as of June 18, the year-over-year rolling nominal flows for Bitcoin investment vehicles, including ETPs and futures ETFs, had declined to -1,176 BTC, marking the first negative reading since November 2023. Global Bitcoin ETPs currently hold 1,466,029 BTC, a decrease of 127,774 BTC from the peak, representing an 8% drop—the largest relative and nominal outflow since K33 began tracking. Average daily outflows have slowed to 625 BTC over the past two weeks, but overall flows remain negative. (The Block)

BTC-4.15%
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RouterRunner
· 4h ago
127k BTC outflow, the decline looks alarming, but the daily outflow has slowed to 625. Does this indicate that selling pressure is nearing its end?
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PickingUpCatsInTheContract
· 4h ago
ETP continues to bleed, institutional funds are retreating, and short-term pressure is not small.
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