TLDR Crypto · MARKETS & BUSINESS
BITCOIN ETFS SCOOPED UP ALMOST 3X MORE BTC THAN PRODUCED IN DECEMBER
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.