In the past week, U.S. BTC Spot Exchange-Traded Funds (ETFs) acquired approximately 25,729 BTC, reflecting a broader trend of increased Bitcoin adoption and acceptance. This acquisition, equivalent to nearly two months of new Bitcoin mining, signifies growing institutional confidence in Bitcoin as a valuable asset and a hedge against economic volatility.

TOBTC, a trading platform and analyst, reported this development on X (formerly Twitter), noting that the current mining rate is around 3.125 BTC per block, making this ETF accumulation substantial. The increased ETF holdings highlight Bitcoin's integration into traditional financial products and its bridging role between conventional finance and the emerging digital asset market.

This acquisition is the largest weekly purchase since March, matching the total amount bought in May. Since their launch in January, 11 approved ETFs have had net inflows of $15.69 billion, despite significant withdrawals from Grayscale Investment's fund. BlackRock's Bitcoin ETF (IBIT) holds the most BTC among spot ETFs, with 304,976 BTC valued at approximately $21 billion, indicating strong institutional interest and a positive outlook for Bitcoin's future.

Bitcoin has become a major focus in digital asset investments, with inflows reaching $2 billion and total inflows for the past five weeks hitting $4.3 billion. ETP trading volumes surged to $12.8 billion, a 55% increase from the previous week, with Bitcoin attracting $1.97 billion in inflows. Additionally, Ethereum saw $69 million in net inflows, its strongest week since March, likely influenced by the U.S. SEC's decision to allow spot Ethereum ETFs.