Bitcoin ETF Demand Skyrockets, Outpaces Supply by Nearly 7x

2 hours ago 2

Rommie Analytics

ETF demand exceeded the available BTC supply by a staggering 6.94 times, signaling an intensifying supply squeeze that could further fuel price momentum.

This massive disparity, visualized in a chart provided by Farside, underscores a growing institutional appetite for Bitcoin via exchange-traded funds (ETFs) — a demand level far surpassing current issuance and liquidity.

As supply tightens and demand accelerates, the conditions are primed for upward price pressure, reinforcing Bitcoin’s scarcity narrative.

With Bitcoin already trading near all-time highs, this imbalance may act as a catalyst for a breakout, making it increasingly difficult for investors to ignore the asset’s role in portfolios.

The post Bitcoin ETF Demand Skyrockets, Outpaces Supply by Nearly 7x appeared first on Coindoo.

Read Entire Article