According to Deep Tide TechFlow, on May 5th, Cointelegraph reported that this week, U.S. spot ETFs purchased 18,644 Bitcoins, while only about 3,150 new coins were mined on the Bitcoin network during the same period. This means the ETF purchase volume is approximately 5.92 times the new supply.
U.S. spot ETF purchases are 5.92 times the new Bitcoin supply
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