š Spot #Bitcoin ETFs Are Eating the Supply ā Fast.
Since April 2025, spot BTC ETFs (ex-GBTC) added:
š¹ +124,000 BTC in 87 days (~1,430 BTC/day)
š¹ BlackRockās IBIT alone = +118,000 BTC š®
š¹ All other issuers? Just +6,000 BTC combined
At this pace:
š Total AUM ā 1.18M BTC by Sept
š¦ IBIT ā 817K BTC
TL;DR: Wall Street is quietly absorbing 1,400+ BTC every single day.
Still think supply shocks are priced in?