The strong performance of spot Bitcoin ETFs has greatly benefited the price of Bitcoin, and its launch timing could not have been more ideal. Why is this? The long-standing concept of supply and demand will be at play once again in April when Bitcoin undergoes its next ‘halving’, a event that automatically takes place on the Bitcoin blockchain about every four years. Miners, who are responsible for securing the Bitcoin network, will see their rewards halved in order to control inflation. The approval of ETFs has brought a surge in demand for Bitcoin, which could lead to an increase in its price. Matthew Hougan, the chief investment officer for Bitwise, believes that the combination of supply and demand could result in higher prices. He said investors who have owned Bitcoin prior to the introduction of ETFs may decide to sell it to the ETF complex if the demand continues. I believe the main question for investors is determining exactly when that point will be reached. Bitcoin ETFs are investment vehicles that can be traded similarly to stocks, providing investors with a way to invest in BTC without the need to purchase the cryptocurrency on an exchange or store it in a digital wallet. For more than ten years, these products were unable to enter the market because the SEC hesitated to approve Bitcoin ETFs due to concerns about possible manipulation in the cryptocurrency market.