Data: This week, the US spot Bitcoin ETF purchased 4349.7 BTC, while the mining output in the same period was 2250 BTC
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According to data shared on X platform by Bitcoin Magazine, despite the drop in Bit price this week, US spot Bit ETFs purchased 4,349.7 BTC, worth approximately $423.6 million, while mining output during the same period was 2,250 BTC.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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