BTC Demand Explodes: ETFs Buy 6x More Than Miners Produce!

Last week, U.S. Bitcoin ETFs purchased six times more BTC than was produced by global miners, highlighting enormous institutional demand. While miners generated around 4,000 BTC, U.S. ETFs accumulated over 24,000 BTC, led by major funds like BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Trust. This significant imbalance between supply and demand has sparked bullish sentiment in the crypto market, with many analysts predicting upward pressure on Bitcoin’s price. Experts suggest that if this buying trend continues, it could reduce the available circulating supply, amplifying scarcity effects. The surge in ETF inflows underscores growing mainstream and institutional interest in Bitcoin, especially following the approval of spot Bitcoin ETFs in the U.S., marking a pivotal shift in crypto investment dynamics.