The United States spot ETP purchases over 529,000 Bitcoins, far exceeding the newly mined amount
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to Odaily, since the launch of the U.S. spot ETP, 529,325 Bitcoins have been purchased, while only 249,725 Bitcoins were newly mined during the same period. This indicates that institutional demand for Bitcoin far exceeds the current supply, and market demand for Bitcoin remains strong.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Micron Technology (MU.O) removed from Bank of America's "US 1 List" investment recommendation list
Odaily星球日报•2026/11/10 10:29

KWAP Acquires 557,200 Johor Plantations Shares
Bitget•2026/11/10 10:04
USD/JPY: Japanese growth surprise risk – ING
FXStreet•2026/11/10 09:48
Truist raises ConocoPhillips target price to $142
格隆汇•2026/11/10 09:41
Crypto prices
MoreBitcoin
BTC
$74,137.3
+0.10%
Ethereum
ETH
$2,089.48
-0.84%
Tether USDt
USDT
$0.9987
+0.00%
BNB
BNB
$686.67
+1.11%
USDC
USDC
$0.9997
-0.00%
XRP
XRP
$1.08
-0.46%
Solana
SOL
$84.55
-1.55%
TRON
TRX
$0.3187
+0.34%
Zcash
ZEC
$1,145.01
-4.06%
Hyperliquid
HYPE
$73.61
+0.94%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now