Institutions scoop up more BTC than miners can produce — signaling deepening market interest

According to data shared by Odaily, since the debut of U.S. spot Bitcoin ETPs, a total of 529,325 BTC have been acquired by these investment products. In stark contrast, only 249,725 BTC have been mined during the same period.

This reveals a powerful supply-demand imbalance: institutional demand for Bitcoin is more than double the rate of new supply.

since the launch of U.S. spot ETPs, a total of 529,325 bitcoins have been purchased, while only 249,725 new bitcoins have been mined in the same period.

The Supply Squeeze Is Real

With mining output fixed by the Bitcoin protocol — and recently halved to 3.125 BTC per block — the influx of capital into spot ETFs is now putting visible pressure on available liquidity. This trend not only underscores Bitcoin’s growing appeal among traditional financial players but also amplifies its scarcity premium.

Institutional Appetite Is Accelerating

Since their launch, spot Bitcoin ETFs have brought regulated, easy-to-access exposure to a wide swath of institutional and retail investors — from hedge funds and asset managers to pension funds and family offices. The result? A steady, sustained inflow of capital that is reshaping Bitcoin’s market dynamics.

The growing imbalance between mined supply and ETF-driven demand may continue to act as a tailwind for prices, especially as investors increasingly view Bitcoin as a strategic long-term asset in uncertain macro conditions.