1 July | Bitcoin

Institutional demand for bitcoin ETFs outpaces new supply — Cryptocurrency Press

Institutional demand for bitcoin ETFs outpaces new supply — Cryptocurrency Press

US spot bitcoin ETFs posted record-breaking purchases of the cryptocurrency last week. In total, ETFs acquired 21,030 BTC, while miners produced only 3,150 BTC. BlackRock and Fidelity's funds were among the top buyers. Cryptocurrency Press believes this highlights growing interest in bitcoin among major financial players.

BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund emerged as the primary buyers, driving institutional demand growth. According to Nate Geraci, President of ETF Store, total inflows into bitcoin ETFs are now approaching $50 billion. These massive purchases have directly impacted bitcoin's price, pushing it to $107,400.

The shrinking available supply amid surging demand is creating a liquidity shortage effect. As noted by Cryptocurrency Press analysts, historically such a situation has led to sustained price growth.

Brent sell
Period: 22.08.2025 Expectation: 395 pips
Brent fluctuates amid fundamental uncertainty
15 August 2025 45
Period: 22.08.2025 Expectation: 1000 pips
0.9 level proved to be too high for AUDCAD buyers
15 August 2025 39
Period: 22.08.2025 Expectation: 500 pips
Spiking US inflation pushes SPX down
15 August 2025 31
Period: 15.08.2025 Expectation: 2000 pips
Selling AUDUSD with 0.6480 target
15 August 2025 22
Period: 22.08.2025 Expectation: 2085 pips
GBPUSD rises amid improved UK economic conditions
15 August 2025 30
Period: 21.08.2025 Expectation: 1455 pips
Selling USDJPY with 145 target amid growing expectations of BOJ rate hike
14 August 2025 52
Go to forecasts