‘Not good’ for price: Bitcoin ETF demand starts to lag newly mined BTC

The slowdown in institutional demand may be a factor in the cooling of Bitcoin's bull run, adding further downward pressure on the BTC price.

Key takeaways:

BTC demand fell below daily mining supply for the first time in seven months.

Spot Bitcoin ETFs have seen $1.67 billion in net outflows since Oct. 11.

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