ByteTree: Global Bitcoin ETP net inflow reached 38,000 BTC in February, close to the total of the previous three months
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Honda prepares to send its hydrogen tech to space
Share link:In this post: Honda is working with Sierra Space and Tec-Masters, two space technology companies, to try their high-differential pressure water electrolysis system. Honda aims for hydrogen to help it get all of its cars off carbon by 2040. Honda says it will work with NASA to get the equipment to the ISS on Sierra Space’s Dream Chaser space plane.
ETH just had lowest quarterly return since Q2 2022: Blockworks Research
The network is at a “pivotal juncture,” Blockworks Research’s Marc-Thomas Arjoon said
Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
Solana Price Pattern Points to a 65% Surge as Key Metric Beats Ethereum by Far
Trending news
MoreCrypto prices
More
