This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ETFs and institutions bought far more $BTC than the network produced.
Since January 2024, a total of 384,000 $BTC have been mined, while 1.4 million BTC have been bought by ETFs and public companies.
That’s 3.6x more demand than new supply.
{future}(BTCUSDT)