On December 12, K33 research director Vetle Lunde reported that as of Wednesday, the total net inflow of 12 U.S. spot Bitcoin ETFs had surpassed 500,000 BTC, just under a year after they began trading on January 11. The ETFs have absorbed more than 2.5% of the circulating supply, which is estimated at approximately 19.8 million coins.
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<p>The post Bitcoin ETFs Absorb Over 2.5% of Circulating Supply in Under a Year first appeared on CoinBuzzFeed.</p>
