Bitcoin ETFs Absorbed Almost 3 Times More BTC Than Miners Produced in December
By:Cointime
According to average data from Apollo and BiTBO, in December, the US spot Bitcoin ETF absorbed as much as 51,500 BTC, while miners produced nearly 14,000 bitcoins that month. The purchase volume of the US spot Bitcoin ETF was almost three times that of miner production.
1
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Ripple CEO Reveals Company’s Vision as XRP Gains Momentum
Cryptodnes•2025/01/08 08:11
Billionaire Predicts Stablecoins Will Disrupt Visa and Mastercard in 2025
Cryptodnes•2025/01/08 08:11
Ripple survey shows blockchain payments increasing in the MENA region
Grafa•2025/01/08 08:10
CoinSwitch launches $70M recovery fund for WazirX hack victims
Grafa•2025/01/08 08:10
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$95,805.16
-5.88%
Ethereum
ETH
$3,363.72
-8.28%
Tether USDt
USDT
$0.9997
-0.04%
XRP
XRP
$2.32
-5.00%
BNB
BNB
$698.99
-4.31%
Solana
SOL
$197.23
-8.58%
Dogecoin
DOGE
$0.3497
-11.38%
USDC
USDC
$0.9999
-0.00%
Cardano
ADA
$1
-10.42%
TRON
TRX
$0.2503
-7.35%
Bitget pre-market
Buy or sell coins before they are listed, including CATGOLD, VERT, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now