Data: Demand generated by Bitcoin ETFs has reached about 20 times the daily production in the past two days.

On July 12, according to data from crypto service firm JAN3 Financial, with the continued net inflow of spot Bitcoin ETFs in the United States, the demand for Bitcoin from ETFs on July 9 and 10 far exceeded the daily Bitcoin production, with demand being 22.14 times and 19.39 times the production, respectively. [BlockBeats]