Bitcoin ETFs Absorb Triple December’s Mining Output

Bitcoin ETFs Absorb Triple December’s Mining Output

In December 2024, spot Bitcoin exchange-traded funds (ETFs) in the US amassed roughly 51,500 BTC, which is nearly three times the 13,850 BTC that was mined during that same time frame. An impending supply shortage that may lead to more price hikes is highlighted by this exceptional demand, which is being driven by institutional adoption and strong market momentum. Spot ETFs Predominate in the Acquisition of Bitcoin For U.S. spot B...

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