---
title: "ETFs buy 3X new BTC supply — 5 Things to know in Bitcoin this week"
url: https://diffcoin.com/etfs-buy-3x-new-btc-supply-5-things-to-know-in-bitcoin-this-week/
description: "Bitcoin is facing renewed calls for a supply shock as exchange reserves hit seven-year lows, and BTC price action focuses on final resistance. Source link"
published: 2024-05-20
updated: 2024-05-20
author: "Mila"
site: "Diffcoin"
---

# ETFs buy 3X new BTC supply — 5 Things to know in Bitcoin this week

Bitcoin is facing renewed calls for a supply shock as exchange reserves hit seven-year lows, and BTC price action focuses on final resistance.

[Source link](https://cointelegraph.com/news/etfs-buy-3x-new-btc-supply-5-things-bitcoin-this-week)