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after The US Spot ETFs Were Approved, Four European Bitcoin ETPs Experienced An Outflow Of $106 Million

Mary Liu

Summary: BitMEX Research statistics show that on the fourth day of trading after the U.S. Bitcoin spot ETF was approved, the four largest European Bitcoin ETPs experienced a single-day outflow of $30 million, with a total outflow of approximately $106 million in five days. Statistics from BitMEX Research show that there is evidence that investors are ...

BitMEX Research statistics show that on the fourth day of trading after the U.S. Bitcoin spot ETF was approved, the four largest European Bitcoin ETPs experienced a single-day outflow of $30 million, with a total outflow of approximately $106 million in five days.

Statistics from BitMEX Research show that there is evidence that investors are switching from high-fee European ETP products to low-fee U.S. ETF products. Over four days (January 11, 12, 15, and 16), the four largest European Bitcoin ETPs saw outflows totaling $75.2 million.

By Mary Liu

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Link: after The US Spot ETFs Were Approved, Four European Bitcoin ETPs Experienced An Outflow Of $106 Million   [Copy]
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