Data: Last week, the purchase of US Bitcoin ETFs reached nearly 6 times miner output

According to PANews on May 5, according to data released by asset allocation platform HODL15 Capital, in the past week, spot Bitcoin ETFs listed in the United States have purchased a total of about 18,644 bitcoins. During the same period, considering the mining efficiency after the halving of Bitcoin (about 450 coins per day), miners around the world only produced about 3,150 Bitcoins in total. This means that the purchase volume of ETFs has almost reached 6 times the miners' output during the same period.

According to Farside Investors, these Bitcoin ETFs have achieved a net inflow of approximately $1.8 billion in the past five trading days, further demonstrating the continued interest of institutions and investors. Among them, BlackRock's IBIT funds continue to lead in capital inflows. Nate Geraci, president of ETF Store, commented that despite the restrictions on distribution channels, the size of the spot Bitcoin ETF market has reached nearly US$110 billion.