Yesterday, net inflows into U.S. #Bitcoin ETFs surpassed nearly $1 billion.

Currently, around 450 BTC are mined daily, equivalent to approximately $500 million at the current price.

In other words, ETFs from just one country are already buying more #Bitcoin than the amount being produced each day — not even accounting for demand from retail investors, governments, or corporations holding BTC in their treasuries.

This is one of the main reasons why Bitcoin’s price has been reaching new all-time highs, even without signs of FOMO, euphoria, or a retail-driven surge. It’s also why many analysts argue that we may be witnessing the end of the traditional four-year correction cycles.