Since its launch, U.S. spot ETP has purchased more than 529,000 BTC, far exceeding the mining output during the same period.

Crypto 7x24

2025-04-19 14:21:05

1.09W

According to online reports, Cointelegraph reported that since the launch of the U.S. spot ETP, 529,325 bitcoins have been purchased, while only 249,725 bitcoins were produced by mining during the same period. This shows that institutional demand for Bitcoin far exceeds the current supply, and the market demand for Bitcoin remains strong.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlash

2025-04-20
Ethereum's net supply increased by 17,507.38 units in the past 7 days
02:21
CORE breaks US$0.7
02:21
Data: The number of new addresses on the XRP network dropped from 5,200 to 2,900 in the past month
02:20
Next week's macro outlook: The Federal Reserve releases Beige Book of Economic Conditions on Thursday
02:18
Data: TRUMP bucked the trend and rose by more than 9% after unlocking US$320 million, and is still down more than 88% from its high point
02:18
Survey: Trump's economic approval rating drops to its lowest level since taking office
00:21
A giant whale increased its holdings of 2400 ETH units 6 hours ago
00:21
A whale has lost more than US$1 million in ETH after 25 times more
00:19
President of The ETF Store: Schwab CEO expects to launch spot cryptocurrency trading within 12 months
00:18
Powell's term as chairman of the Federal Reserve will expire in May 2026 and has said he will not resign voluntarily.
00:18
Abraxas Capital has increased its holdings of approximately 2949 BTC units in the past four days, worth more than US$250 million
00:17
The total market value of stablecoins increased by 0.46% in the past seven days, exceeding US$234.4 billion
00:17
Sanitation: Holding a wallet of 100,000 to 10,000 BTC, increasing its holdings of more than 53,600 BTC since March 22
22:20
Tariff policy exacerbates U.S. agricultural difficulties, and the risk of bankruptcy for U.S. agricultural producers increases sharply
22:20
House hearing on Texas Bitcoin Strategic Reserve Bill will be held on April 23
22:19
MANTRA: 90% of the token supply in circulation has never been controlled by the team
22:19
21Shares: BTC may rise to nearly US$139,000 by the end of this year, and the market points to continued growth
22:18
Economist: Bitcoin could rise to $138,000 in next three months
22:18
Mantra launches its first real-time dashboard, displaying OM token supply details and more
22:17
A HYPE whale that tripled the USDC deposit of 7.5 million has made a floating profit of more than US$5 million
22:17
Golden Evening News| A list of important developments on the evening of April 19
22:17
Analysts: SOL's current key resistance level is $144, and the key support level is $129
22:16
Xiamen prosecutor: Man sentenced to 11 years for stealing virtual currency and making more than 1.6 million yuan
22:15
6MV Crypto Investor Mike Dudas: Base is trying to become Solana, but this may push SOL higher
22:15