Coin World News, K33 Head of Research Vetle Lunde stated that as of June 18, the one-year rolling net capital flow of Bitcoin investment vehicles including ETPs and futures ETFs has dropped to -1,176 BTC, turning negative for the first time since November 2023. Global Bitcoin ETPs currently hold 1,466,029 BTC, a decrease of 127,774 BTC from the peak, down 8%, marking the largest relative and nominal outflow since K33 began tracking. The average daily outflow has slowed to 625 BTC over the past two weeks, but the overall capital flow remains negative.

BTC-4.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • 2
  • Share
Comment
Add a comment
Add a comment
OnchainComplainer
· 4h ago
-1176 BTC, the first time it has turned negative since November 2023. This data is quite critical; institutions are retreating.
View OriginalReply0
0xLateDiner
· 4h ago
ETF funds continue to flow out, market sentiment is indeed cooling, but the slowdown in average daily outflows is also a weak signal. Let's see if Q3 can stabilize.
View OriginalReply0