This month, BlackRock's IBIT net inflow has completely covered the miners' output. The current inflow-output ratio is about 9.1, an overwhelming inflow❗️
According to HODL15Capital data, as of July 21, the purchase volume of US Bitcoin ETFs has reached 41,158, with BlackRock's IBIT dominating. At the same time, miners have added 4,500 BTC this month.
