Bitcoin ETFs Break Records, Holding 5.3% of Supply
TL;DR Bitcoin ETFs now hold 5.33% of the total mined Bitcoin supply, up from 3.15% in January 2024, reflecting a surge in demand for physically-backed Bitcoin ETFs. The accumulation of Bitcoin by spot ETFs has shown a strong correlation with Bitcoin’s price movements, with significant inflows driving price peaks in March and November 2024.
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