Bitcoin ETP has net outflows of $171 million year-to-date

CoinShares data shows that Bitcoin ETP has a net outflow of $171 million year-to-date, an increase of 192% in June. In the week of June 16, digital asset investment products saw the largest inflows since July 2022. Total inflows to cryptocurrency ETPs over the past two weeks amounted to $334 million, 98% of which went to Bitcoin ETPs.
CoinShares pointed out that the second week of inflows shows that investor bullish sentiment continues. Sentiment Turns Positive on Expectation of Spot Bitcoin ETF Approval in the US