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Data: Miners Produce Approximately 900 Bitcoins Daily, While Treasury Companies and ETFs Purchase 1,755 and 1,430 Daily Respectively
Summary: According to reports, last week Bitcoin spot ETF recorded a net inflow of $3.24 billion, nearly matching the historical record week of November 2024. Meanwhile, Bitcoin treasury companies purchased over 6,702 Bitcoins last week, worth around $1.2 billion, with Japanese company Metaplanet increasing its holdings by 5,258 on October 1st. Data indicates that institutional demand ...
According to reports, last week Bitcoin spot ETF recorded a net inflow of $3.24 billion, nearly matching the historical record week of November 2024. Meanwhile, Bitcoin treasury companies purchased over 6,702 Bitcoins last week, worth around $1.2 billion, with Japanese company Metaplanet increasing its holdings by 5,258 on October 1st.
Data indicates that institutional demand has surpassed miners' supply capacity. Miners produce an average of approximately 900 Bitcoins daily, while enterprises and ETFs purchase an average of 1,755 and 1,430 daily respectively.
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Link: Data: Miners Produce Approximately 900 Bitcoins Daily, While Treasury Companies and ETFs Purchase 1,755 and 1,430 Daily Respectively [Copy]
