💰 Bitcoin ETPs surpass 1 million BTC, amid gold and bond ETF outflows
Recent data from ByteTree highlights Bitcoin held in global Exchange Traded Products (#ETPs ) had crossed the one million Bitcoin mark, setting a new record. In the past 90 days, these ETPs have experienced a significant inflow of 133,000 $BTC , largely attributed to the success of US spot Bitcoin ETFs. Interestingly, this surge in Bitcoin ETPs is occurring alongside outflows from other #ETFs , notably those associated with gold and bonds.
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