#ETFs and publicly listed companies bought 850,000 BTC.#
Hot Topic Overview
Overview
In 2024, ETFs and publicly listed companies purchased a total of 859,454 Bitcoin, representing 4.3% of the year's circulating supply, equivalent to the total amount of Bitcoin to be issued over the next eight years. This figure indicates a continued growth in institutional investor interest in Bitcoin, which could have a significant impact on the future price of Bitcoin.
Ace Hot Topic Analysis
Analysis
In 2024, ETFs and publicly listed companies purchased a total of 859,454 Bitcoin, representing 4.3% of the circulating supply that 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 inclusion of the cryptocurrency in their investment portfolios. This trend also reflects the recognition of Bitcoin's value as digital gold and its rising status in the global financial market. The significant purchases by institutional investors will have a positive impact on Bitcoin's price and further drive its adoption and use.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
ETF and listed companies bought a huge amount of BTC, buying 859454 BTC in 2024.
This purchase volume accounts for 4.3% of the circulating supply that year.
The purchase volume is equivalent to the bitcoin issuance for the next eight years.
ETF and listed companies' purchase of BTC indicates that institutional investors' recognition of BTC is constantly improving.