The crypto market is currently showing volatility, but Bitcoin remains a positive highlight. Since the launch of spot ETFs in January, Bitcoin holdings have increased from 629.9K BTC to 1.0545M BTC, representing a growth of 425K BTC. This represents an increase from 3.15% to 5.33% of the total mined supply, in just eight months.

The dramatic price increases in March and November show a strong correlation between accumulation and price. With more Bitcoin being accumulated through spot ETFs, the upward trend in price is expected to continue.

If the US adopts Bitcoin as a reserve asset, Bitcoin inflows into spot ETFs are likely to increase rapidly.