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Gemini United Creation: The number of Bitcoins taken from the market by Bitcoin ETF is ten times the daily minting amount

Gemini United Creation: The number of Bitcoins taken from the market by Bitcoin ETF is ten times the daily minting amount

2024/02/15 01:50
BTC-0.15%

Cameron Winklevoss, co-founder of Gemini, stated on social media that the amount of Bitcoin taken from the market by Bitcoin ETFs is ten times the daily minting amount. If these fund inflows continue until halving, then the funds lost from the market by Bitcoin ETFs will be 20 times more than the daily coinage.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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