Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

It's Your Hello Win Moment 🎃 Get 60% OFF Today 🎃

U.S. Bitcoin ETFs Are Buying More BTC Than Miners Can Keep Up With — Is $150K Incoming?

5M ago
bullish:

0

bearish:

0

Share
img

U.S. spot Bitcoin exchange-traded funds (ETFs) are rapidly accumulating BTC tokens, outpacing miners’ production ability. Last week, these ETFs collected 18,644 BTC against the mining supply of 3,150 BTC, marking a sixfold increase in institutional demand. This shift is causing a pressure-cooker effect on Bitcoin’s price, with more coins being taken off the market and […]

The post U.S. Bitcoin ETFs Are Buying More BTC Than Miners Can Keep Up With — Is $150K Incoming? appeared first on Coinchapter.

5M ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.