🚀🚀Odaily Planet Daily is freshly out! Morningstar data reveals that since 2022, Bitcoin ETPs registered in Europe have seen outflows of more than $506 million, while other cryptocurrency ETPs have attracted a small net inflow of $42 million. 📈📈The price of Bitcoin has risen by about 40% during this period.

👀Pierre Debru of WisdomTree said that since the launch of the Bitcoin spot ETF in the United States, customer inquiries for European crypto ETPs have "increased significantly," but have not translated into large inflows. The low-fee strategy of the US Bitcoin ETF has forced European issuers to lower fees, creating a new fee environment in Europe.

🤔🤔Monika Calay of Morningstar pointed out that it is not simple to understand the short-term capital flows of Bitcoin funds this year, and market sentiment remains divided. Some people see Bitcoin as a hedge against inflation, some see it as a new type of currency, and some consider it together with other high-risk assets. The narrative of Bitcoin is evolving, and market participants must deal with the complexity and uncertainty of this unique asset class. 🎢🎢

The future of Bitcoin is full of unknowns, but we are optimistic about it! 💪💪