TLDR Crypto · MARKETS & BUSINESS

BITCOIN ETFS SCOOPED UP ALMOST 3X MORE BTC THAN PRODUCED IN DECEMBER

cointelegraph.com5 min read

Summary from the TLDR Crypto newsletter

Last month, U.S. spot Bitcoin ETFs accumulated 51,500 BTC, nearly three times the ~14k coins mined that month. This demand-supply imbalance, coupled with low exchange balances and record ETF inflows, may signal a market supply shock.