Data: Last week, the purchase volume of Bitcoin ETFs in the United States reached nearly 6 times the output of miners

PANews
PANews|May 05, 2025 05:31
According to data released by asset allocation platform HODL15Capital, in the past week, US listed spot Bitcoin ETFs have purchased a total of approximately 18644 bitcoins. During the same period, considering the mining efficiency of Bitcoin after halving (about 450 coins per day), global miners only produced about 3150 bitcoins in total. This means that the purchase volume of ETFs has almost reached six times the production of miners during the same period. According to Farside Investors' data, these Bitcoin ETFs have achieved a net inflow of approximately $1.8 billion over the past five trading days, further indicating sustained interest from institutions and investors. Among them, BlackRock's IBIT fund continues to lead in terms of capital inflows. ETF Store President Nate Geraci commented that despite facing distribution channel limitations, the spot Bitcoin ETF market size has approached $110 billion.
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads