Bitcoin is facing a supply shortage as approximately 93.3% of the total supply, or about 19.6 million bitcoins, have been mined, leaving roughly 1.4 million BTC yet to be created.
Institutional demand for Bitcoin remains high, especially after the approval of Bitcoin spot ETFs by the U.S. SEC, with entities like BlackRock holding significant BTC volumes.
The recent halving event reduced the daily supply of new coins to approximately 450 BTC, while trading volumes surged, indicating increased participation from institutions and retail investors.
Bitcoin advocates like Max Keiser and Samson Mow warn of a potential supply shock in the market, as less Bitcoin is being created and more is being locked away by institutions, impacting availability on exchanges.