The cumulative net inflow of Bitcoin ETFs in the United States has exceeded 500,000 BTC
On December 12, K33 Research Director Vetle Lunde stated that as of this Wednesday, the cumulative net inflow of 12 US spot Bitcoin ETFs has exceeded 500,000 BTC. It's been less than a year since trading began on January 11 and it has already absorbed more than 2.5% of the circulating supply (currently reported at 19.8 million coins).
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
The White House is reviewing the proposed crypto asset reporting framework
Investment bank TD Cowen: SEC to enter a critical regulatory period, Chairman Atkins will lead crypto rulemaking
Bloomberg ETF analyst: Grayscale may launch its first Dogecoin ETF
Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
Trending news
MoreCrypto prices
More
