📊 Data shows: The amount of Bitcoin spot ETF purchases is astonishing, nearly double the mining output during the same period!

According to Bitcoin Magazine, citing columnist Nikolaus Hoffman on platform X,

this week, the U.S. Bitcoin spot ETF purchased 4,349.7 BTC,

approximately $423.6 million.

Despite the decline in Bitcoin prices this week,

this amount is nearly double the mining output (2,250 BTC) during the same period.

This indicates that market demand for Bitcoin remains strong,

with the number of spot ETF purchases even surpassing mining output,

showing that institutional investors continue to be optimistic about Bitcoin.