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Bitcoin Exchange Balances Rebound Sharply Amid ETF Demand Concerns

Guavy AI Editorial Team
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BTC
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Bitcoin exchange balances have made a remarkable recovery in just under three weeks. The rebound saw around 28,000 BTC added to exchanges, reversing about 84% of a six-week decline that had raised concerns over supply shortages due to ETF demand.

The recent increase suggests that ETF inflows can draw from off-exchange sources like OTC inventories, rather than solely from visible exchange wallets. This challenges the narrative of an immediate Bitcoin shortage caused by ETF buying.

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