This development highlights the growing interest and confidence in Bitcoin among institutional investors and could potentially have a strong impact on the overall market.
The fact that ETF holdings are increasing while new Bitcoin is being mined at a slower rate also implies that more investors are turning to ETFs as a way to gain exposure to the digital asset without directly purchasing it.
As of October 19, a total of 32,370 BTC was added to these ETFs, while the output of new Bitcoin was only 2,250 during the same period. spot Bitcoin ETFs saw a significant boost in their holdings this week.
BlockBeats news reported recently that U.S.
