Analysis: ETFs Become the Main Force for Bitcoin's New High, with Weekly Net Inflows Exceeding 3.2 Billion USD

ChainCatcher news, according to Cointelegraph, last week major Bitcoin treasury companies purchased a total of over 6,702 Bitcoins, with an investment amount of approximately $1.2 billion, among which Japan's Metaplanet increased its holdings by 5,258 Bitcoins in a single week. However, the key driver for Bitcoin's price breaking through $125,000 comes from the spot Bitcoin ETF, which saw a net inflow of $3.24 billion in a single week, nearly matching the weekly record set in November 2024.

Moreover, since the beginning of this year, institutional buying power for Bitcoin has far exceeded miner output. According to an analysis report by financial services company River, companies are purchasing an average of 1,755 Bitcoins daily, while ETFs are absorbing an average of 1,430 Bitcoins per day, and miners are producing about 900 BTC daily. Several analysts have pointed out that the inflow of ETF funds combined with tight liquidity may continue to amplify Bitcoin's volatility and upward potential.