A new study by Arcane Research has stated that the global Bitcoin ETP holdings have reached an all-time high.
The latest Arcane study titled “In Tune with the Flow” has shed light on the stunning BTC ETP recovery in May.
Canada should be credited for “pulling the strings” as Canadian ETFs displayed their strongest inflows since May 2021.
The overall BTC ETFs in the United States saw a “slow month” in May after seeing net inflows of 210 BTC.
Furthermore, Brazil is another country that saw a stagnant month after seeing net inflows of 37 BTC.
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