svoboda on Nostr: Did some #Bitcoin ETF math. In 26 trading days, they stacked 273,350 #BTC or ...
Did some #Bitcoin ETF math. In 26 trading days, they stacked 273,350 #BTC or 10,513.5/day. At the current epoch rate (900/day), that is 11.7 days of mining supply purchased. At the next epoch rate (450/day), that would be 23.4 days of mining supply purchased every day.
Published at
2024-02-20 01:10:13Event JSON
{
"id": "6e3551908fcff84eed94791084126c39fdafd60e81d88cb73a801946a484579e",
"pubkey": "cf3e65bc31d0c337a1b0194ab9a838630f3cd4234bc028da30287138832fbac0",
"created_at": 1708391413,
"kind": 1,
"tags": [],
"content": "Did some #Bitcoin ETF math. In 26 trading days, they stacked 273,350 #BTC or 10,513.5/day. At the current epoch rate (900/day), that is 11.7 days of mining supply purchased. At the next epoch rate (450/day), that would be 23.4 days of mining supply purchased every day.",
"sig": "809e55b27e1128b2bcb641d4cffa725e74f36aa909184aea8bb5e3909605b759e4398aa01d12088aea9d42c875333ba0eba72331bb0748c69d2085468d21535d"
}