Bitcoin ETFs are sucking up the BTC available for purchase, and the tipping point in supply dynamics will come this year, one analyst says.
Bitcoin (BTC) faces a “sell-side liquidity crisis” by September if institutional inflows continue, an industry analyst says.
In a thread on X on March 12, Ki Young Ju, founder and CEO of on-chain analytics platform CryptoQuant, predicted a BTC supply watershed “within six months.”
Bitcoin as an institutional investment allocation is only just getting started, industry participants have said, as United States-based spot Bitcoin exchange-traded funds (ETFs) gain momentum.
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Source: https://cointelegraph.com/news/bitcoin-6-months-etf-liquidity-crisis-analysis