ETF Demand Is Absorbing Bitcoin Supply, Analysts Say
-

US spot Bitcoin ETFs attracted $21.4 billion in net inflows in 2025, led by BlackRock’s iShares Bitcoin Trust, though that total was down from 2024’s record year. This week’s $697 million inflow marked the largest single-day gain in three months as Bitcoin prices reclaimed the $90,000 level.
According to Sygnum CIO Fabian Dori, ETF demand is increasingly structural rather than speculative. By steadily absorbing circulating supply, ETFs may be setting the stage for a longer-term demand shock that could reshape Bitcoin’s market dynamics.
-
feels like btc volatility shakes out weak hands and etfs just quietly keep stacking