Bitcoin ETP outflows push rolling one-year flows negative for first time since 2023: K33

Bitcoin Exchange-Traded Products (ETPs) have seen an 8% decline from their peak, marking the largest drawdown ever, according to K33's Head of Research Vetle Lunde. This outflow has turned the rolling one-year investment flow negative for the first time since 2023. This downturn could indicate reduced investor confidence or a shift in market sentiment amid broader regulatory scrutiny and macroeconomic factors. The implications suggest potential volatility in Bitcoin's market as institutional and retail investors reassess their positions.