Bitcoin ETFs Surge with $1 Billion Inflows, Pushing Price to New Record

1 min read
Source: Decrypt
Bitcoin ETFs Surge with $1 Billion Inflows, Pushing Price to New Record
Photo: Decrypt
TL;DR Summary

U.S. Bitcoin spot ETFs saw a record-breaking $1 billion in daily net inflows, with total net inflows reaching $11.1 billion in just two months, driving Bitcoin to new all-time highs. Analysts warn that the relentless demand for ETFs, which now hold nearly 4% of the entire BTC supply, could lead to a liquidity crisis in the Bitcoin market within six months, as available supply may not meet overwhelming demand. While ETF buying demand continues, Bitcoin exchanges have experienced stronger outflows than inflows, and data around Bitcoin miners is mixed, with some indicators suggesting selling pressure and others showing an increase in Bitcoin holdings by major miners.

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