Derived from AMBCrypto, Bitcoin ETFs have raised concerns over a potential supply shock as they continue to accumulate significant amounts of BTC. On January 7, Bitcoin's price peaked at $102,000 before dropping to $95,432.97, a 6.21% decline. In December 2024, U.S. Spot Bitcoin ETFs purchased 51,500 BTC, far exceeding the 13,850 BTC mined. Analysts, including Lark Davis, warn of a looming supply shock due to this demand. By December 17, 2024, global Spot Bitcoin ETFs held 1,311,579 BTC, representing 6.24% of Bitcoin's total supply. Meanwhile, Ethereum ETFs have shown resilience, closing 2024 with $35 billion in inflows, suggesting growing confidence in Ethereum's value. Analysts predict a potential shift in investor focus towards Ethereum ETFs in 2025 if current trends persist.
Bitcoin ETFs Spark Supply Shock Concerns as Ethereum Gains Traction in 2025
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