Data: The demand for Bitcoin spot ETFs in December exceeded the monthly production of miners by about 272%
ChainCatcher reports, according to Cointelegraph, that the purchase volume of Bitcoin spot ETFs in December reached 51,500 BTC, while the monthly output of miners was only 13,850 BTC. The demand for Bitcoin spot ETFs exceeded supply by about 272%.
cryptocurrency researcher Vivek stated that a supply shock is imminent after observing that the balance on Bitcoin trading platforms has dropped to a new low.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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