Odaily Planet Daily News According to the average data from Apollo and BiTBO, in December of last year, the U.S. spot Bitcoin ETF absorbed as much as 51,500 BTC, while miners produced nearly 14,000 BTC that month, with the former's purchase amount exceeding the miners' output by more than three times. According to data from Blockchain.com, the circulating supply increased by only 13,850 BTC that month, which means that the demand for Bitcoin from the ETF alone was about 272% higher than the supply. (Cointelegraph)