ETFs Could Intensify the Bitcoin Supply Squeeze
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Beyond corporate treasuries, spot Bitcoin ETFs may further strain available supply. Bitwise CIO Matt Hougan argues that if ETF demand remains strong, Bitcoin’s price could eventually surge sharply as sellers run out of coins.
US spot Bitcoin ETFs absorbed nearly $22 billion in net inflows in 2025, led by BlackRock’s iShares Bitcoin Trust. While 2026 has started more unevenly, the combination of corporate accumulation and sustained ETF demand continues to reinforce Bitcoin’s long-term scarcity narrative.
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etfs quietly vacuuming btc while everyone watches the price chart