Demand Shock Incoming: Tether Bought 8,888 BTCand Spot Bitcoin ETFs Acquired 650,000 BTC

Stablecoin issuer Tether and several US spot Bitcoin ETFs (exchange-traded funds) have made significant Bitcoin (BTC) acquisitions. Indeed, the developments signal a potential demand shock.  Tether recently added 8,888 BTC to its reserves. Now, its total holdings stand at a staggering 66,465 BTC, valued at approximately $2.8 billion. Meanwhile, spot Bitcoin ETFs have reached a landmark... source: https://beincrypto.com/bitcoin-demand-shock-heavy-accumulation/