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
Maji adds to Ethereum long positions again with 25x leverage, liquidation price at $2,818.3
Argentine congressional committee accuses President Milei of involvement in $LIBRA cryptocurrency scam
G20 financial regulators call for close monitoring of private credit and stablecoin developments
Trending news
MoreCrypto prices
More
