Bitcoin $4.4 billion supply overhang emerges as institutional demand wilts

Bitcoin is facing a **$4.4 billion supply overhang**, according to new market data.

* Bitcoin ETFs sold around **71,600 BTC** this month.
* Corporate treasuries bought only **7,500 BTC**.
* Newly mined BTC is adding more supply to the market.

This means more Bitcoin is being sold than institutions are buying, which could put pressure on the price if demand doesn't improve.

Do you think this is just a short-term trend, or could it affect Bitcoin's price in the coming months? 👇
[https://www.coindesk.com/daybook-us/2026/06/30/bitcoin-usd4-4-billion-supply-overhang-emerges-as-institutional-demand-wilts/](https://www.coindesk.com/daybook-us/2026/06/30/bitcoin-usd4-4-billion-supply-overhang-emerges-as-institutional-demand-wilts/)