Bitcoin Supply Shock Incoming! 👀
Bitwise CIO Matt Hougan recently dropped a wild stat: The Bitcoin network produces around 450 $BTC per day, but ETFs purchased nearly 10,000 Bitcoin yesterday alone! That’s 20x more demand than daily supply. This isn’t just bullish, it’s a signal that the next leg up might already be in motion.
The Bitcoin supply squeeze is getting very real! 🫶
