Great info thanks!
Pointed this out before but repeating here
1. 900 new #btc are mind each day.
2. 900*$45,000 = $40,500,000/day
3. ~$14.8 billion new #BTC /year
4. The largest ETFs in the world are only about 1/2 trillion.
5. most of these ETFs are well over 10 years old and many are much older than that or started as mutual funds before then.
6. There are not very many ETFs worth over $100 billion.
bitcoinstr / Samuel #BTC
npub1qz…5xaaq
2024-01-12 20:09:21
in reply to nevent1q…n0ws
Author Public Key
npub1qzxv58exzw2qnvsc67v32etqt9crw6s33cxx830af08y33t65east5xaaqPublished at
2024-01-12 20:09:21Event JSON
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"content": "Great info thanks!\n\nPointed this out before but repeating here\n\n1. 900 new #btc are mind each day.\n2. 900*$45,000 = $40,500,000/day\n3. ~$14.8 billion new #BTC /year\n4. The largest ETFs in the world are only about 1/2 trillion.\n5. most of these ETFs are well over 10 years old and many are much older than that or started as mutual funds before then.\n6. There are not very many ETFs worth over $100 billion.",
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}