Bitcoin ETFs Set Records🚀
Bitcoin ETFs now account for 5.33% of the total mined Bitcoin supply, compared to 3.15% in January 2024.
The accumulation of Bitcoin by spot ETF funds has shown a strong correlation with Bitcoin price trends, with significant inflows driving peak prices in March and November 2024.
Recent approvals by the SEC and CFTC have boosted the legitimacy of Bitcoin ETFs, encouraging institutional adoption and capital inflows.
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