US Bitcoin ETFs Purchase Five Times More BTC Than Miners Produced in a Week

Spot Bitcoin exchange-traded funds (ETFs) are experiencing one of their strongest months since launching in January 2024, with inflows surpassing $3 billion so far in October. This surge in demand has led ETF issuers to purchase Bitcoin at levels far exceeding the newly mined supply. US Spot Bitcoin ETFs Amass 45,000 BTC in October During the trading week of October 21-25, the... source: https://beincrypto.com/bitcoin-etfs-near-million-milestone/