Unsustainable Trajectory: ETFs Buying More Bitcoin Than Miners Produce | Headlines | News | CoinMarketCap

02/28/2024 15:55
Unsustainable Trajectory: ETFs Buying More Bitcoin Than Miners Produce | Headlines | News | CoinMarketCap

Over the past 30 days, ETFs have purchased a staggering 272,000 bitcoins. In contrast, only 25,200 bitcoins were mined during the same period. This buying spree from ETFs cannot be sustained forever given bitcoin's limited supply.

Unsustainable Trajectory: ETFs Buying More Bitcoin Than Miners Produce

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🗳 Fact/FUD

BTCPeers26 minutes ago

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ETFETF

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ETFETF

Published on February 28, 2024 08:29 GMT+00:00edited on February 28, 2024 08:34 GMT+00:00

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