The continuous institutional interest in Bitcoin (BTC) remains strong, unaffected by the market’s price fluctuations. Over the past week, spot Bitcoin ETFs attracted 4,349.7 BTC, equivalent to $423.6 million – surpassing the 2,250 BTC newly mined during the same timeframe.
This discrepancy underscores the increasing influence of institutional investors on market trends and raises significant concerns about Bitcoin’s capacity to satisfy the rising demand.