Bitcoin ETP Flows Turn Negative For First Time Since 2023, K33 Reports

Institutional Bitcoin demand is showing fresh signs of fatigue, with K33 Research reportedly flagging a record drawdown in global Bitcoin ETP holdings and rolling one-year flows turning negative for the first time since 2023.TL;DRK33 Research reportedly says global Bitcoin ETP holdings are down 8% from their peak.Rolling one-year flows have turned negative for the first time since November 2023.The pace of daily outflows has slowed, suggesting selling pressure may be easing rather than accelerat