#ETFs and publicly traded companies bought 850,000 BTC.#
Hot Topic Overview
Overview
In 2024, ETFs and publicly listed companies made a staggering purchase of 859,454 BTC, representing 4.3% of the year's circulating supply, equivalent to the amount of Bitcoin to be mined in the next eight years. This trend indicates a continued growth in institutional interest in Bitcoin, potentially driving further price appreciation.
Ace Hot Topic Analysis
Analysis
In 2024, ETFs and publicly listed companies purchased a total of 859,454 Bitcoin, representing 4.3% of the total circulating supply for the year and the equivalent of the total Bitcoin issuance over the next eight years. This phenomenon indicates a continued growth in institutional investor interest in Bitcoin, with active integration into their investment portfolios. Such large-scale buying activity will not only have a positive impact on Bitcoin prices but also further drive its adoption and application, laying a solid foundation for its future development.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
ETFs and listed companies bought a large amount of Bitcoin in 2024, a total of 859,454.
This purchase volume accounted for 4.3% of Bitcoin's circulating supply that year.
The purchase volume is equivalent to the Bitcoin issuance for the next eight years.
The continued purchase of Bitcoin by ETFs and listed companies indicates the growing interest of institutional investors in cryptocurrencies.