US spot Bitcoin ETFs bought 33,500 BTC this week, while only 3,150 BTC were mined, showing strong investor demand. This means ETFs are buying over ten times more Bitcoin than is being newly created, tightening supply. Since Bitcoin has a fixed supply limit, this growing demand could drive prices higher. Institutional interest in Bitcoin is rising, which may signal a bullish market trend. Investors are watching ETFs closely, as their actions influence the market. If demand keeps outpacing supply like this, Bitcoin’s value could continue to increase, making it important for investors to stay updated on ETF activity.
