U.S. Spot Bitcoin ETFs Absorbed 18,991 BTC in Five Days, Bitwise Says

Bitwise Europe research head André Dragosch said on X on the 24th that U.S. spot Bitcoin ETFs acquired 18,991 BTC over the past five trading days. That total was about nine times larger than new Bitcoin mining supply over the same period, highlighting a sharp imbalance between ETF buying and newly issued coins. The comparison points to accelerating institutional investor demand for Bitcoin through regulated fund products.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.