US-based platforms have been expanding their Bitcoin holdings, leading to an increase in the Bitcoin US to The Rest Reserve Ratio.
This indicates a shift of Bitcoin supply from global platforms to US-based exchanges and funds.
The approval of spot exchange-traded funds (ETFs) by the US SEC has contributed to this trend.
Historically, significant uptrends in the Bitcoin US to The Rest Reserve Ratio have coincided with bull runs, suggesting a potential positive impact on Bitcoin's price.