Last week, the US Bitcoin spot ETF market purchased 10 times the amount of Bitcoin mined

Last week, a US Bitcoin exchange-traded index fund (ETF) purchased 30,000 Bitcoin (BTC), 10 times the amount of Bitcoin mined in the same period.
DL News said, "Last week, more than $3.3 billion (approximately 501.8 billion yen) flowed into the U.S. Bitcoin spot ETF," and "Bitcoin rose 1.2% throughout the week last week."
Considering that the price was traded at $90,000 (approximately 13.68 million yen) in the same period, this means that he purchased about 30,000 bitcoins. This is 1.2 billion yen of bitcoins mined during the same period.
Currently, the U.S. Bitcoin Spot ETF holds approximately 1.05 million Bitcoin, which is equivalent to approximately 5.33% of the total Bitcoin supply.
If this net inflow trend continues through the end of the year, it is expected to exceed the 1.1 million bitcoin held by Bitcoin creator Satoshi Nakamoto.
DL News believes that the factors behind the recent Bitcoin rally include the Republican control of the House of Representatives in the US presidential election, the central bank's interest rate cut, and MicroStrategy's large-scale Bitcoin transaction.
Coin purchases, etc.