The Rocket  Fueled: Bitcoin Supply Shock Incoming, Keiser Says

Bitcoin appears to be tightening its grip on market attention once again—this time not because of price volatility, but due to a looming structural scarcity that some of the asset’s most vocal supporters say is unfolding in real time. Max Keiser, Bitcoin advocate and advisor to El Salvador President Nayib Bukele , issued a clear statement on Tuesday, June 25, 2025, via his X account. “I’ve done the math. A Bitcoin supply shock is imminent,” Keiser posted, punctuating the forecast with a rocket emoji. The Bitcoin protocol permanently caps the total supply of Bitcoin (BTC) at 21 million coins. According to blockchain data, approximately 19.6 million Bitcoins have been mined, or about 93.3% of the total supply. That leaves roughly 1.4 million BTC yet to be created. That number is falling fast. This event, part of Bitcoin’s four-year issuance schedule, cut block rewards from 6.25 BTC to 3.125 BTC. As a result, the daily release of new coins dropped to approximately 450 BTC per day—down from around 900 before the halving. That drop in new supply arrives just as institutional demand shows no signs of easing. Since the U.S. Securities and Exchange Commission approved spot Bitcoin ETFs, institutional entities have poured billions into the asset. Data from early 2025 shows that ETFs, particularly BlackRock’s iShares Bitcoin Trust (IBIT), have absorbed large volumes of BTC. As of June 2025, BlackRock leads all ETF issuers with substantial Bitcoin holdings, outpacing even Michael Saylor’s MicroStrategy, which now controls over 500,000 BTC. In January 2024 after the ETF approvals, Samson Mow warned of a double-edged market pressure: a supply shock from the halving and a demand shock from ETF buying. His view now seems to be taking shape. Mow and Keiser argue that market liquidity could dry up fast when these forces collide. Trading volumes also support the idea of a supply shock. On June 24, Bitcoin trading volume exceeded $3 billion in just one hour. Such spikes indicate growing participation from institutions and retail investors alike, especially during periods of market uncertainty. Bitcoin’s role as a potential store of value is also finding renewed interest amid global instability. The ongoing accumulation by large firms and new treasury entrants such as Metaplanet and ProCap BTC, recently co-founded by VC investor Anthony Pompliano, add weight to the notion that Bitcoin is becoming a preferred long-term asset . On June 25, 2025, Keiser’s remarks will be accompanied by a broader analysis of the changing dynamics in Bitcoin supply and demand. Analysts point to a structural shift—less Bitcoin is being created and more is locked away in institutional vaults. That imbalance already affects availability on exchanges, where reserves continue to drop. Keiser and Mow’s predictions are not new, but the timeline may tighten. With less than five million Bitcoin left to mine, and the next halving set for 2028—when block rewards will fall again to 1.5625 BTC—the pressure on circulating supply may continue to intensify. For now, the data shows demand rising while supply falls. Whether that translates to market movement remains to be seen. But Bitcoin’s architecture ensures one thing: the supply side will not expand. As of late June 2025, that’s no longer just a theoretical talking point—it’s becoming visible on the blockchain.

Source: ZyCrypto