"Unveiling the Impact of Strong Bitcoin ETF Demand on Halving's Potential Bullish Rally"
Experts predict that the upcoming halving of Bitcoin may not have as much of an impact on its price as in previous cycles due to the strong demand from spot exchange-traded funds (ETFs), which have already pushed Bitcoin to new highs. While the halving historically causes upward pressure on Bitcoin's price, the approval of spot ETFs may have preempted its impact on supply. However, in the long term, the halving may still have a positive effect on Bitcoin's price and subsequently on ETF flows, as it accentuates the appeal of Bitcoin as an asset class to institutional investors and creates a supply shortage that impacts ETF flows.