Bitcoin ETFs have raised concerns about a potential supply shock as they continue to accumulate large amounts of Bitcoin. On January 7, Bitcoin peaked at $102,000 before falling to $95,432.97, a 6.21% drop. In December 2024, spot Bitcoin ETFs in the United States purchased 51,500 Bitcoin, far exceeding the 13,850 Bitcoin that were mined. Analysts, including Lark Davis, have warned of an impending supply shock due to this demand. By December 17, 2024, global spot Bitcoin ETFs held 1,311,579 Bitcoin, representing 6.24% of the total Bitcoin supply. Meanwhile, Ethereum ETFs have shown resilience, closing out 2024 with inflows of $35 billion, indicating growing confidence in Ethereum’s value. Analysts expect a potential shift in investor focus towards Ethereum ETFs in 2025 if current trends continue.