PANews reported on May 5 that according to data released by asset allocation platform HODL15Capital, in the past week, the spot Bitcoin ETFs listed in the United States purchased a total of about 18,644 Bitcoins. During the same period, considering the mining efficiency after the Bitcoin halving (about 450 Bitcoins per day), global miners only produced about 3,150 Bitcoins in total. This means that the purchase volume of ETFs is almost 6 times the output of miners during the same period.
According to Farside Investors, these Bitcoin ETFs have achieved a net inflow of approximately $1.8 billion in the past five trading days, further demonstrating the continued interest of institutions and investors. Among them, BlackRock's IBIT fund continues to lead in terms of capital inflows. Nate Geraci, president of ETF Store, commented that despite the limitations of distribution channels, the spot Bitcoin ETF market size has approached $110 billion.
