Data: Since its launch, the US spot ETP has purchased over 529,000 BTC, far exceeding the mining output during the same period
ChainCatcher news, according to Cointelegraph, since the launch of the U.S. spot ETP, 529,325 bitcoins have been purchased, while the bitcoins mined during the same period totaled only 249,725.
This indicates that institutional demand for bitcoin far exceeds the current supply, and the market demand for bitcoin remains strong.
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