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ByteTree: Global Bitcoin ETP net inflow reached 38,000 BTC in February, close to the total of the previous three months

ByteTree: Global Bitcoin ETP net inflow reached 38,000 BTC in February, close to the total of the previous three months

CointimeCointime2024/02/14 10:04
By:Cointime

Asset management company ByteTree data showed that since October 2023, the global Bitcoin allocation in exchange-traded products (ETPs) has increased by nearly 100,000 BTC, currently holding about 890,000 BTC, accounting for approximately 4.56% of Bitcoin's circulating supply. In just the past 7 days, global Bitcoin ETP has surged by about 25,000 BTC, the largest weekly increase since early 2021.

In addition, the net inflow of global Bitcoin ETP in February reached 38,000 BTC, roughly equivalent to the total net inflow in November, December, and January of 2023.

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