ANALYSIS: AGENCY CONFIGURATION SHIFT TO WIN BITCOIN ETF AT THE RELATIVE SIZE OF THE EF

On 17 August, DWF Labs analysed that, relative to the size of the Fund, the Taifung ETF had performed better than the Bitcoin ETF since June. In June, the financial outflows were small (4.65 per cent versus 8.09 per cent), while in July they were about 9.4 times higher than those of the bitcoin ETF (+3.19 per cent versus 0.34 per cent). In May, we noted a general lack of interest on the part of institutional investors in Ethera and a steady decline in net inflows. Over the past few weeks, we have begun to see a shift in this trend。