3h fa
Cathie Wood says institutions are reshaping Bitcoin as April 20, 2024 halving cuts reward to 3.125 BTC
Ark Invest CEO Cathie Wood says Bitcoin’s traditional four-year cycle may be weakening as institutions and spot ETFs absorb and hold more circulating supply. The April 20, 2024 halving cut miner rewards to 3.125 BTC and reduced daily issuance by about 450 BTC, a change some analysts view as modest relative to total market size and ETF inflows, according to these commentators.