PANews, May 5th: According to data released by the asset allocation platform HODL15Capital, in the past week, spot Bitcoin ETFs listed in the United States have purchased a total of approximately 18,644 Bitcoins. Meanwhile, considering the mining efficiency after Bitcoin halving (about 450 Bitcoins per day), global miners have produced only about 3,150 Bitcoins in total. This means that the purchase volume of ETFs is almost six times the miners' output during the same period.

According to data from Farside Investors, these Bitcoin ETFs have achieved a net capital inflow of approximately $1.8 billion over the past five trading days, further indicating the continued interest of institutions and investors. Among them, BlackRock's IBIT fund continues to lead in terms of capital inflow. Nate Geraci, president of ETF Store, commented that despite facing distribution channel limitations, the spot Bitcoin ETF market size is approaching $110 billion.