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
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%