US Bitcoin ETFs bought 6x more than BTC miners produced last week

Riot Produces 463 BTC In April During Strategic Transition

Riot Platforms (NASDAQ: RIOT) produced 463 Bitcoin in April 2025, down 13% from March but up 23% year-over-year, according to its latest unaudited monthly production and operations report. The company also sold 475 Bitcoin for net proceeds of $38.8 million at an average price of $81,731, marking a strategic shift in funding operations. “Riot mined 463 bitcoin in April as the network experienced two successive difficulty adjustments during the mo…

US Bitcoin ETFs Outpace Miners, Absorbing 18,600 BTC In One Week

Spot Bitcoin ETFs acquired 18,644 BTC last week, nearly six times miners’ 3,150 BTC output. BlackRock’s IBIT saw $2.5 billion inflows in five days, marking 17 straight days without outflows. Bitcoin hit $97,700 on May 2 before sliding to $94,224; key resistance stands at $95,750. Spot Bitcoin ETFs in the United States have showcased remarkable strength, purchasing Bitcoin at a pace far outstripping what miners can produce. In the past week, Bitc…

Crypto funds raked in $2B last week, pushing 3-week haul to $5.5B

Cryptocurrency investment products attracted $2 billion in new inflows last week, according to the European investment firm CoinShares. Global crypto exchange-traded products (ETPs) have added $5. 5 billion in inflows in the past three weeks, according to the latest weekly report from...

The institutional demand for the bitcoin explodes. Last week, the American ETFs have accumulated 18,644 BTC. In comparison, the miners have extracted only 3,150 of them. An unprecedented gap turns the traditional balance upside down. The ETFs absorb much more bitcoin than they produce the miners has appeared first on Cointribune.

Bitcoin Price Breaches $95K Support. But Here's Why You Shouldn't Sell Yet

Bitcoin price has returned below the psychological $95k support, signaling exhaustion of the recent bullishness. The coin traded at $94,693 at the time of writing, having inched up by 0.4% on the daily chart. The coin registered two successive daily losses during the weekend, having been rejected at $97,938; the highest mark since late February. The crypto market bellwether rose by 1% in the last seven days and has gained 13% in the last month, …

US Bitcoin ETFs bought 6x more than BTC miners produced last week - TECHTELEGRAPH

Spot Bitcoin exchange-traded funds (ETFs) in the United States bought up nearly six times as many Bitcoin as were produced by miners over the last week. The US-based Bitcoin (BTC) funds bought a whopping 18,644 Bitcoin over the past week when only 3,150 BTC were mined for the period, reported asset allocator HODL15Capital on May 4. This accumulation by institutions and ETF issuers represents almost six times the amount of the asset being produce…