K33 Research says Bitcoin ETP holdings have suffered a record drawdown while rolling one-year flows turned negative for the first time since 2023.
- Global Bitcoin ETP holdings have experienced a record drawdown, falling 8% from their peak, indicating a shift in institutional demand.
- Rolling one-year flows have turned negative for the first time since November 2023, but the pace of daily outflows has significantly slowed, suggesting easing selling pressure.
- The market is at a critical juncture, with the next few sessions crucial for determining whether institutional investors are de-risking or if a more durable capital withdrawal is occurring.
Topics: Institutional adoption, Scalability, Public market access, Asset manager initiatives, Growth metrics, Bitcoin etf
Tags: #bitcoinetp #k33research #institutionaldemand #drawdown #outflows #etpholdings #spotmarket #sellingpressure #capitalwithdrawal #bitcoin
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