Bitcoin has surpassed 20 million mined coins, meaning over 95% of its total 21 million supply is now in circulation.
Quick Read iShares Bitcoin Trust (IBIT) gained 5.43% and Bitwise Bitcoin ETF (BITB) gained 5.4% over the past month by holding actual Bitcoin directly, while ProShares Bitcoin ETF (BITO) captured a 5.
Bitcoin reaches 95% of its 21M supply as the 20 millionth BTC is mined, while most remaining coins are expected to be issued by 2035.
Bitcoin can hit a price of $1 million per coin even with "reasonably conservative assumptions," Bitwise CIO Matt Hougan argued. Here's why.