Data: Bitcoin ETP experienced the second largest single-day net outflow of the year yesterday, reaching 8,352 BTC

ChainCatcher news, K33 Research's research director Vetle Lunde released data showing that Bitcoin exchange-traded products (ETPs) experienced the second-largest single-day net outflow of the year yesterday, totaling 8,352 Bitcoins. May 1 of this year recorded a single-day net outflow of 11,964 Bitcoins, the highest for the year.

Lunde stated that this large-scale outflow may be related to investors' risk aversion regarding the U.S. elections. Nevertheless, he emphasized that the net inflow over the past five days remains strong and positive, reaching 14,157 Bitcoins.