BREAKING: #Bitcoin ETFs in the U.S. acquired the equivalent of around two months’ worth of mining supply in the first week of June alone.
https://cointelegraph.com/news/bitcoin-etfs-buy-two-months-btc-mining-supply
Who are the stupid fucks selling to them and suppressing the price though?
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miners
In one week, the ETFs acquired eight weeks' worth of mining supply. So in one month at that pace, they would acquire eight months. Doesn't look like their reserves are decreasing that fast.
