Crypto ETPs See $47 Million Inflows Amid Bitcoin Market Changes
- Crypto Exchange-Traded Products (ETPs) recorded $47 million in inflows last week.
- The inflows occurred during a period of Bitcoin sell-off.
- Macroeconomic data is now a key influence on crypto ETPs, according to James Butterfill.
- The post-US election period’s impact on the market appears to be diminishing.
Last week, Crypto ETPs experienced a significant influx of $47 million, coinciding with a Bitcoin sell-off and highlighting the growing influence of macroeconomic data on these financial products.
