K33 Research found that Bitcoin ETPs had a large net outflow of 8,352 Bitcoins yesterday, making it the second largest single-day outflow this year. On May 1, the single-day net ou
tflow was 11,964 Bitcoins. Lunde suggests the risk-averse behavior could be due to the U.S. election, but notes that net inflows over the past five days have been 14,157 Bitcoins.
