#Bitcoin shortage as #ETFs continue to accumulate

The rise of Bitcoin ETFs is causing Concern for a potential sell-side Liquidity crisis within 6 months According to analyst key young Jew these ETFs now holding nearly $30 billion are Rapidly accumulating BTC potentially Leading to insufficient Supply to meet Demand even with daily outflows from Entities like the grayscale Bitcoin Trust the market May face a shortage key Predicts this could drive BTC prices Even higher than expected as Accumulation addresses though still Increasing may not keep up with demand The situation highlights the evolving Dynamics of bitcoin's institutional Adoption for all the latest crypto news And updates subscribe to the official Cointelegraph YouTube channel

Coinbase
OUR TAKE

Coinbase is a popular cryptocurrency exchange. It makes it easy to buy, sell, and exchange cryptocurrencies like Bitcoin. Coinbase also has a brokerage service that makes it easy to buy Bitcoin as easily as buying stocks through an online broker. However, Coinbase can be expensive due to the fees it charges and its poor customer service.

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