This article is about blockchain, trading, and technology news. Here’s the summary:

December 2024 was a big month for spot Bitcoin ETFs in the US. According to Apollo and BiTBO data, these ETFs collected around 51,500 BTC. According to CoinGecko, spot markets pushed the asset to an all-time high of $108,135 on December 17. However, according to Blockchain.com data, only 13,850 BTC were added to circulation in the same month. This means that demand for ETFs is 272% greater than supply.

Jesse Myers stated that the supply-demand balance needs to be restored. On January 6, ‘Vivek’ said he expected a “supply shock” as exchange balances fell. We’re waiting for your comments.