Bitcoin Supply Squeeze Grows as ETF Inflows Rise
- Bitcoin Supply Squeeze gained momentum as U.S. spot ETFs attracted another $69.1 million in fresh institutional capital.
- Exchange inflows stayed near multi-year lows, suggesting reduced immediate selling pressure despite recent market volatility.
- BlackRock's IBIT led daily ETF demand, while cumulative assets and inflows continued expanding across major issuers.
Bitcoin Supply Squeeze remained the dominant market theme after fresh spot ETF inflows coincided with muted exchange deposits, reinforcing institutional accumulation despite restrained retail participation across cryptocurrency markets.
Spot ETF Demand Continues Building
CryptoSavingExpert reported another positive day for U.S. spot Bitcoin ETFs. Daily net inflows reached $69.10 million, representing approximately 1,040 BTC. Institutional demand continued despite relatively modest daily allocations.
Fund-level data showed BlackRock's IBIT leading fresh inflows once again. IBIT added 583.26 BTC during the reporting period. Fidelity's FBTC followed with another 323.20 BTC.
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