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U.S. Bitcoin ETFs added nearly twice the BTC mined in Q3, signaling strong demand despite slower corporate buying.

Market News
02 Nov 2026, 18:10 WIB
Tokenpost
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Bullish
U.S. Bitcoin ETFs added nearly twice the BTC mined in Q3, signaling strong demand despite slower corporate buying.

In the third quarter, U.S. spot Bitcoin ETFs added 79,800 BTC, almost double the 41,300 BTC mined in the same period, showing growing investor demand for ETFs. This contrasts with a slowdown in corporate treasury purchases, which added only 12,000 BTC, down from $7.1 billion in Q2. Long-term Bitcoin holders reduced their balances by 248,000 BTC, worth $17.4 billion, indicating some selling or movement of dormant coins. Bitcoin's price rose 42.7% in Q3 to $83,570, supported by strong ETF inflows that outpaced new mining supply, highlighting a shift in how investors accumulate Bitcoin.

The story on U.S. spot Bitcoin ETFs adding nearly twice the Q3 mining supply provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 02, 2026 23:03 WIB: out of 50 major cryptocurrencies priced, 5 rose and 44 fell today. Notable movers include YFI at Rp35.420.568 with a 1-day change of -3.75% and a typical hold time of 94 days, ZIL at Rp33 with a -3.35% change and 134 days hold time, and AVAX at Rp153.754 with a -3.25% change and 88 days hold time. Pluang order activity shows YFI and ZIL mostly selling, while AVAX sees more buying interest.

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