Data: US spot ETP has purchased more than 529,000 BTC since its launch, far exceeding the amount of mining output during the same period

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According to ChainCatcher and Cointelegraph, since the launch of the US spot ETP, 529,325 bitcoins have been purchased, while the bitcoins mined during the same period are only 249,725.

This indicates that institutional demand for bitcoin far exceeds the current supply, and market demand for bitcoin remains strong.

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