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U.S. Spot Bitcoin ETFs Buy $750M Worth of Bitcoin, Acquiring 8,775 BTC While 3,150 BTC Mined

In a notable week for the cryptocurrency market, U
By: DeepNewz • March 23, 2025
U.S. Spot Bitcoin ETFs Buy $750M Worth of Bitcoin, Acquiring 8,775 BTC While 3,150 BTC Mined

In a notable week for the cryptocurrency market, U.S. spot Bitcoin exchange-traded funds (ETFs) purchased approximately $750 million worth of Bitcoin, acquiring a total of 8,775 BTC. This buying activity significantly outpaced the amount of Bitcoin mined during the same period, which totaled only 3,150 BTC. The surge in ETF purchases highlights a growing institutional interest in Bitcoin, as these funds continue to accumulate the cryptocurrency at a rate that exceeds the supply generated by miners.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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