币界网报道：Bitcoin demand is significantly outpacing supply, according to analyst Pentoshi, who noted that daily demand currently exceeds 30 times the amount of new BTC mined. This imbalance is driven by strong inflows into spot Bitcoin ETFs, which have absorbed over 500,000 BTC since their launch in January. Pentoshi highlighted that the upcoming Bitcoin halving in April will further reduce daily supply from 900 BTC to 450 BTC, potentially exacerbating the supply-demand gap. He emphasized that this dynamic could lead to substantial price appreciation, especially if ETF inflows continue at their current pace. The analyst also pointed out that institutional adoption is accelerating, with major financial players increasingly allocating to Bitcoin as a hedge against inflation and currency debasement. Despite short-term volatility, Pentoshi remains bullish on Bitcoin's long-term prospects, citing its fixed supply and growing recognition as a store of value.