🚀 BlackRock's iShares Bitcoin Trust (IBIT), a leading spot Bitcoin ETF in the United States, purchased approximately 10,290 BTC in the past week.

This figure far exceeds the ~3,150 BTC mined during the same period—nearly three times the new supply brought to the market.

Institutional demand is outpacing the mining rate – is supply becoming increasingly scarce?

#bitcoin #IBIT #BlackRock⁩