Since the launch of the US Bitcoin spot ETF, more than 1.1 million BTC have been transferred to "strong(er) hands" this year, including 9 new ETFs and MicroStrategy. In addition, Grayscale GBTC/BTC sold a total of 373,787 BTC, the German government sold 50,000 BTC, and mining produced 209,683 BTC. #BTC