bitcoinstr on Nostr: Great info thanks! Pointed this out before but repeating here 1. 900 new #btc are ...
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.
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.