📌 Bitcoin ETP Flows Turn Negative For First Time Since 2023, K33 Reports – K33 Research says Bitcoin ETP holdings have suffered a record drawdown while rolling one-year flows turned negative for the first time since 2023.
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K33 Research warns Bitcoin ETP holdings have suffered a record drawdown and rolling one‑year flows turned negative for the first time since 2023, signaling material investor outflows and cooling demand for Bitcoin. The June 26, 2026 note highlights broad distribution across ETPs and says sustained negative flows could add downside pressure to prices if sentiment doesn’t recover. Market participants will watch flows and secondary market liquidity for signs of stabilization. #Macro Insights#