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The United States spot ETP purchases over 529,000 Bitcoins, far exceeding the newly mined amount
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According to Odaily, since the launch of the U.S. spot ETP, 529,325 Bitcoins have been purchased, while only 249,725 Bitcoins were newly mined during the same period. This indicates that institutional demand for Bitcoin far exceeds the current supply, and market demand for Bitcoin remains strong.
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