News
Public · Published
Institutions Are Buying All The New Bitcoin
Andre Dragosch from Bitwise called the ETF launch the iPhone moment for Bitcoin, because institutional demand has been absorbing essentially all new supply from mining. He said the halving is less relevant now, and advised the average investor to get off zero.
Published:
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What happened
Andre Dragosch from Bitwise called the ETF launch the iPhone moment for Bitcoin, because institutional demand has been absorbing essentially all new supply from mining. He said the halving is less relevant now, and advised the average investor to get off zero.
Confirmed
Global impact / market context
If institutions keep buying most new Bitcoin, the price may depend more on their demand than on scheduled mining supply cuts. This could push individuals to buy Bitcoin through ETFs, changing who owns it and how the market reacts to economic cycles.
Analyst inference
Bitcoin's supply growth is fixed by code and slows every four years at halvings. The article says demand now tracks the business cycle instead, so institutional flows, not halving dates, may drive price moves and investor positioning.
Analyst inference
What to watch
- Watch whether institutional demand continues to absorb essentially all new Bitcoin supply coming out of mining, as Dragosch claims it currently does. Confirmed
- Watch whether Bitwise or other firms release data showing family offices buying Bitcoin, since the article says family offices buy something first but does not name it. Proposed
- Watch whether Bitcoin's price rhythm starts matching the business cycle rather than the four-year halving schedule, which would support Dragosch's view. Analyst inference
Affected assets
- BTC — Bitcoin