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TechFlow news, May 5 — According to Cointelegraph, this week U.S. spot ETFs purchased 18,644 Bitcoin, while the Bitcoin network mined only about 3,150 new coins during the same period. This means ETF purchases were approximately 5.92 times the new supply.
According to Cointelegraph, this week U.S. spot ETFs purchased 18,644 Bitcoin, while the Bitcoin network mined only about 3,150 new coins during the same period. This means ETF purchases were approximately 5.92 times the new supply.
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