After the halving of mining rewards from #比特币 last year, the data from #coinank shows that the daily mining output is approximately 450 coins of #BTC . Recently, since entering 2025, the ETF buying volume often exceeds 9000+ daily, which is 20 times the daily output. In addition to ETF funds, institutions like #微策略持续增持BTC have also increased their holdings.

The Bitcoin ETF issuers purchased over 9,000 BTC on Friday, January 3, and bought over 9,600 BTC again this Monday. Since the first approval of #比特币ETF , all 12 issuers have become major holders in the industry, with the amount of BTC they purchased in October equivalent to 5 times the global mining output, and now this number has exceeded 20 times, while bearish market signals may also lead to greater purchasing volume.