Bitcoin ETFs sucked up 2 months of BTC mining supply last week

In the last trading week, the U.S. Bitcoin ETFs purchased eight times the amount of Bitcoin that was mined in their biggest buy week since March.

In the first full trading week of June, U.S. Bitcoin ETFs acquired almost as much Bitcoin as they did in the entire month of May.) in the United States acquired the equivalent of around two months’ worth of the cryptocurrency’s mining supply last week.

The amount of Bitcoin acquired in the week alone was almost as much as the entire of May, 29,592 BTC, per HODL15Capital’sIn total, the 11 ETFs have seen $15.69 billion in net inflows since their January launch, inclusive of the $17.

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