U.S. Bitcoin exchange-traded funds (ETFs) acquired 25,729 BTC last week, which is eight times more than the amount mined over the same period. This significant buying activity is a significant indicator of the growing institutional interest in Bitcoin. The ETFs posted net inflows of around $1.83 billion last week, bringing their net inflows to $15.69 billion. This is inclusive of the $17.93 billion in net outflows from Grayscale’s fund, per Farside Investors. Read more at CoinTelegraph.
U.S. Bitcoin ETFs Buy 8 Times More Bitcoin Than Mined
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