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Market Cap:
24h Vol:
Cryptocurrencies: 12508
Bitcoin Bitcoin Share: 55.74%
Markets: 83060
cryptonews
2024-02-13 07:07:11

Bitcoin Price Soars as Spot ETFs Amass Ten Times More BTC Than Miners’ Production

Bitcoin Price Soars as Spot ETFs Amass Ten Times More BTC Than Miners’ Production

Bitcoin price has surged past the $50,000 mark, fueled by an unprecedented influx of investments from spot Bitcoin exchange-traded funds (ETFs). These ETFs have managed to accumulate a staggering ten times more Bitcoin (BTC) than what miners were able to produce on Monday. More specifically, data shows that approximately $493.4 million, equivalent to around 10,280 The post Bitcoin Price Soars as Spot ETFs Amass Ten Times More BTC Than Miners’ Production appeared first on Cryptonews .

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