Crypto News Bulletin from thenewscrypto

Wednesday November 20, 2024 10:58 AM
1 day 45 minutes ago

US Spot Bitcoin ETFs Demand Surges Past Bitcoin Mining Rate


US spot Bitcoin exchange-traded funds still buy more bitcoins per day than are being produced. According to Coinglass, the total aggregate inflows across all eleven ETFs amount to around $814 million. Assuming institutional investors maintain their present pace of coin hoarding, a massive supply shock is likely, given that around

BTC|MINING|BUSINESS