Bitcoin Faces Supply Shock Risk Due to Surging ETF Demand
- US Spot Bitcoin ETFs purchased 51,500 BTC in December.
- BTC miners produced only 13,850 coins during the same period.
- Spot Bitcoin ETFs globally held approximately 1,311,579 BTC as of December 17.
- Total net inflow for Spot Bitcoin ETFs was $4.63 billion in December.
The imbalance between the demand from US Spot Bitcoin ETFs and the limited supply from miners suggests potential price volatility. With ETFs holding a significant portion of BTC’s total supply, market dynamics may shift, potentially impacting investment strategies and regulatory considerations.