BlackRock Spot Bitcoin ETF Acquires Over 10,000 BTC in a Week, Outpacing New Supply

BlackRock’s spot Bitcoin ETF made headlines this week by purchasing a total of 10,290 BTC, significantly outpacing the newly mined supply. On average, only 3,150 BTC were mined during the same period, highlighting continued institutional demand outstripping fresh issuance.

The aggressive accumulation underscores growing investor confidence in Bitcoin as a long-term asset, particularly among institutional players. It also adds upward pressure on price dynamics by tightening available supply.

This trend raises questions about sustainability and potential market impact if such buying continues amid limited new issuance—especially following the recent Bitcoin halving, which further reduced the mining rate.

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