Bitcoin spot ETF holdings have surged since their January inception, climbing from 629.9K BTC to 1.0545M BTC, marking a substantial increase of 425K BTC. This growth reflects a rise from 3.15% to 5.33% of the total mined supply of 19.78M BTC, indicating a 2.18% increase within just eight months.

The notable price hikes in March and November highlight a strong correlation between Bitcoin accumulation and price movements. As spot ETFs continue to accumulate Bitcoin, the price is expected to maintain its upward trajectory.

Should the U.S. adopt Bitcoin as a reserve asset, the influx into spot ETFs is likely to accelerate, further bolstering market optimism.