New: U.S. ETFs are swallowing the new supply of Bitcoin!
In the month of May alone:
• Exchange-Traded Funds (ETFs) purchased 26,700 BTC
• While miners only mined 7,200 BTC!
In other words: institutional demand exceeds supply by more than 3.7 times!
This highlights the increasing scarcity of Bitcoin in the market.
Tradexel_FX Analysis:
This disparity reinforces the long-term bullish narrative.
Continuing this trend may push prices to record levels.
Smart investors are closely monitoring institutional movements.
Do you think this is a precursor to a major bullish wave?
Vote with us:
1. Yes, the market is about to explode.
2. Not yet, we need more confirmation.
3. Just temporary hype.
