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K33 Research posted on the X platform, stating that the quantity of Bitcoin managed by Exchange-Traded Products (ETPs) has reached an all-time high. In the past few weeks, as market expectations for the approval of spot Bitcoin ETFs have driven coin prices higher, the quantity of managed Bitcoin has significantly increased. Data disclosed by K33 Research shows that on November 12th, the ETP Bitcoin Under Management (BUM) reached 204,170 coins, surpassing the previous peak of 200,573 coins on April 1, 2022. |
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Post time 17-11-2023 13:32:06