The Spot Bitcoin ETF market experienced a notable influx of over 15,000 BTC throughout the past week, surpassing the amount of new BTC mined in a month. This surge in inflows has the potential to trigger a supply shock if the robust momentum continues.

Weekly Inflows in Spot Bitcoin ETFs

The week kicked off with substantial investor activity, with U.S. Spot Bitcoin ETFs witnessing inflows exceeding $241 million on Monday. Notable performances included Grayscale's GBTC with $9.35 million in inflows, Ark Invest's ARKB attracting $68.28 million, and BlackRock's IBIT seeing $66.35 million in inflows.

The positive trend continued on Tuesday, with total Spot Bitcoin ETF flows reaching $305.7 million. BlackRock's IBIT led the way with $290 million in inflows, while Fidelity's FBTC contributed $25.8 million. However, Grayscale's GBTC experienced no inflows on this day, with Bitwise Bitcoin ETF (BITB) and VanEck's HODL seeing outflows.

Wednesday saw a continuation of the positive trajectory, with net inflows of $154 million. BlackRock's IBIT attracted $91.95 million, and Fidelity's FBTC received $74.57 million. In contrast, Grayscale's GBTC faced an outflow of $16.09 million.

Thursday maintained the momentum with net inflows of $107 million, marking nine consecutive days of positive inflows. BlackRock's IBIT led with $89 million in inflows, while Fidelity's FBTC and VanEck's HODL also saw significant inflows. Grayscale's GBTC, however, experienced an outflow.

The week concluded on Friday with a total net inflow of $252 million, extending the streak to ten consecutive days. BlackRock's IBIT and Fidelity's FBTC continued to attract significant investments, with Grayscale's GBTC remaining neutral.

Michael Saylor's Appreciation and Market Insights

MicroStrategy CEO Michael Saylor praised the strong performance of the ETFs and the global BTC ETF market. He highlighted the increasing Bitcoin holdings by Spot ETFs, nearing a significant milestone. Saylor's post on X emphasized the potential for 1 million BTC to be locked into these investment products, which could have a bullish impact on the Bitcoin price.

The latest data reveals that U.S. Bitcoin ETFs hold a substantial reserve of 855,702 BTC, while global ETFs hold 991,336 BTC. This trend suggests a potential surge past 1 million BTC in the near future, indicating a growing appetite for Bitcoin investment products. The significant inflows into these ETFs this week, surpassing monthly mining outputs, could contribute to a supply shortage as whale accumulation and exchange reserves decline.