US Bitcoin ETFs Purchase Surpasses New Supply
2025/06/30 19:56- Main event, leadership changes, market impact, financial shifts, or expert insights.
- ETFs bought more BTC than mined.
- Demand pressures BTC supply and price.
US-listed spot Bitcoin ETFs have acquired 21,030 BTC this week, significantly surpassing the newly mined 3,150 BTC, according to reports. This activity includes major players such as BlackRock and Fidelity , further bolstering market dynamics.
BlackRock and Fidelity Driving Institutional Demand
BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund led the acquisitions, contributing to the 21,030 BTC purchased. This sharp contrast to the 3,150 BTC mined highlights a significant push in institutional demand. Industry leaders, including Nate Geraci, emphasized the profound impact of these inflows, indicating record levels nearing $50 billion.
Nate Geraci, President, The ETF Store, – “The ETF category is now approaching $50 billion in inflows… absolutely ridiculous.”
BTC’s price surged to $107,400 due to the increased demand, which substantially offsets the week’s new supply. This scenario accentuates potential price pressures and heightened market volatility .
Historical Context and Future Implications
Historical data indicate that when ETF inflows considerably outstrip the asset production rate, as seen in digital and traditional markets, asset prices typically rise. This suggests a potential rally for BTC prices, propelled by institutional activities and demand patterns.
Impact on BTC Markets
BTC markets face a potential supply squeeze, impacting liquidity and exerting upward price pressure. BlackRock and Fidelity remain pivotal, leveraging their financial heft to shape the crypto asset landscape. Institutional moves may embolden similar trends in other crypto sectors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin security reaches a historic high, but miner revenue drops to a historic low. Where will mining companies find new sources of income?
The current paradox of the Bitcoin network is particularly striking: while the protocol layer has never been more secure due to high hash power, the underlying mining industry is facing pressure from capital liquidation and consolidation.
What are the privacy messaging apps Session and SimpleX donated by Vitalik?
Why did Vitalik take action? From content encryption to metadata privacy.
The covert war escalates: Hyperliquid faces a "kamikaze" attack, but the real battle may have just begun
The attacker incurred a loss of 3 million in a "suicidal" attack, but may have achieved breakeven through external hedging. This appears more like a low-cost "stress test" targeting the protocol's defensive capabilities.
Trending news
MoreCrypto prices
More
