Report: Institutions purchased 859,000 Bitcoins in 2024, equivalent to eight years of BTC issuance
Bitget2024/12/20 01:26
According to a report by K33 Research, institutional participants purchased 859,454 Bitcoins (BTC) in 2024, equivalent to eight years of BTC issuance and accounting for 4.3% of its total circulating supply. Most of these were purchased by Exchange Traded Funds (ETFs) and listed companies such as MicroStrategy.
1
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Federal Reserve's Daly: The decision to cut interest rates this week was very difficult
Bitget•2024/12/20 13:18
Federal Reserve's Daly: Very satisfied with the expectation of two rate cuts in 2025.
Bitget•2024/12/20 12:53
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$97,108.13
-2.03%
Ethereum
ETH
$3,412.49
-3.34%
Tether USDt
USDT
$0.9997
+0.08%
XRP
XRP
$2.24
-1.76%
BNB
BNB
$669.82
-1.65%
Solana
SOL
$191.44
-5.05%
Dogecoin
DOGE
$0.3119
-8.99%
USDC
USDC
$1
+0.04%
Cardano
ADA
$0.8823
-4.87%
TRON
TRX
$0.2451
-5.37%
Bitget pre-market
Buy or sell coins before they are listed, including ME, TOMA, OGC, USUAL, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now