In 2024, ETFs and listed companies jointly purchased 859,454 BTC, absorbing 4.3% of the circulating supply within a year
PANews reported on January 8, according to unfolded data, in 2024, only ETFs and listed companies purchased 859,454 Bitcoins. This is equivalent to absorbing 4.3% of the circulating supply within a year, roughly equivalent to the Bitcoin issuance for the next eight years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
Trending news
MoreCrypto prices
More
