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Bitcoin ETFs Scoop Up Almost 3X More BTC Than Produced in December Boom in ETFs

  • 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.

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