Bitcoin Spot ETF Demand Surges in U.S., Outpacing Daily Bitcoin Production by Over 20 Times

Data from JAN3 Financial, a leading crypto services firm, reveals that the Bitcoin spot ETF market in the United States sustained robust net inflows as of July 12. Notably, on July 9 and 10, the demand for the ETF significantly outpaced the daily Bitcoin production, registering at 22.14 and 19.39 times the mined supply respectively. This substantial premium in demand underscores the growing institutional appetite for regulated Bitcoin exposure through ETFs, highlighting a pivotal trend in digital asset investment strategies. Market participants should monitor these inflow patterns closely, as they reflect evolving dynamics in crypto asset allocation and potential impacts on Bitcoin liquidity and price stability.

‘,

🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!

‘,

💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!


];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();

Source: https://en.coinotag.com/breakingnews/bitcoin-spot-etf-demand-surges-in-u-s-outpacing-daily-bitcoin-production-by-over-20-times/