According to Mars Finance, since the launch of the US spot ETP, 529,325 bitcoins have been purchased, while only 249,725 bitcoins were mined during the same period. This indicates that institutional demand for bitcoin far exceeds the current supply, and market demand for bitcoin remains strong. (Cointelegraph)
US spot ETPs purchased more than 529,000 Bitcoins, far exceeding the number of newly mined Bitcoins
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