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ETF Flows vs New BTC (Net Change)

Data & charts updated every hour

Price update 35 minutes ago
Block update -354 second(s) ago

Chart

What Does This Chart Show?

This chart shows the daily difference between Bitcoin purchases by US spot ETFs and the daily new Bitcoin supply from mining. The gold line shows the Bitcoin price, while the bars represent "ETF Purchases - New BTC" - when bars are positive (above the zero line), ETFs are buying more Bitcoin than is being created through mining. When bars are negative (below the zero line), new supply is outpacing ETF demand.

How the Data Is Calculated

The bar values represent the net daily Bitcoin acquisitions by all US spot ETFs minus the daily new Bitcoin supply from mining. The new Bitcoin supply is approximately 450 BTC per day (though this varies slightly due to mining difficulty adjustments). The Bitcoin price line shows the daily closing price in USD.

The zero line (dotted white line) serves as a reference point - values above zero indicate ETF demand exceeding new supply, while values below zero indicate new supply exceeding ETF demand.

Understanding the Chart

When the bars are positive and large, it means ETFs are buying significantly more Bitcoin than is being created through mining, which can indicate strong institutional demand. When bars are negative, it suggests periods where new supply is outpacing ETF purchases. The relationship between these flows and the Bitcoin price (gold line) can reveal how supply-demand dynamics affect market movements.

Disclaimer
Any information found on this page is not to be considered as financial advice. You should do your own research before making any decisions.

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