Analyst Says Corporate Treasuries Are Buying More Bitcoin Than Spot ETFs

Jamie Coutts said corporate treasury buyers are accumulating about 1,834 BTC per day versus about 1,160 BTC per day for spot ETFs. Coutts said MicroStrategy alone added more than 50,000 BTC in April, while Charles Edwards’ Net Excess Buyer indicator rose to 576%.

BTC1.68%
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