Bitcoin ETFs have purchased nearly 3 times more BTC than what was mined in December 2024, indicating a growing interest in institutional exposure to Bitcoin.
Bitcoin ETFs have bought around 65,000 BTC in December, compared to 22,000 BTC mined during the same period.
The aggressive acquisition strategy of Bitcoin ETFs raises questions about the impact on Bitcoin's supply, potentially leading to increased price pressure.
Factors fueling the growth of Bitcoin ETFs include regulatory approvals, institutional buy-in, market maturity, and macroeconomic trends.