In the first full trading week of June, U.S. Bitcoin exchange-traded funds (ETFs) acquired almost as much Bitcoin as they did in the entire month of May. The 11 ETFs bought 25,729 Bitcoin (BTC) between June 3 and 7, which is around eight times more than the 3,150 new BTC mined during the same time period. This acquisition is equivalent to around two months' worth of Bitcoin mining supply. The total inflows for the ETFs amounted to approximately $1.83 billion