Bitcoin’s halving clock has reached 61%, moving the network closer to its next programmed supply reduction expected around April 2028. The update was shared by Bitcoin on-chain and cycle analyst Root, with data from OKLink estimating the halving date near April 13, 2028, and roughly 109,000 blocks remaining. At that point, the block reward will drop from 3.125 BTC to 1.5625 BTC.
The milestone arrives as Bitcoin has regained upward momentum. BTC climbed above $86,000 on September 21, its highest level since January, while US spot Bitcoin ETFs posted approximately $999 million in net daily inflows. BlackRock’s IBIT led with about $381 million, followed by ARKB at $289 million and FBTC at $239 million. The inflows pushed the three-day total to roughly $1.6 billion.
Coinbase CEO Brian Armstrong has also referenced the next halving in his medium-term outlook, saying he expects Bitcoin to trend higher over the next one to two years as the market moves toward the event. The halving mechanism remains central to Bitcoin’s design because it cuts the rate of new BTC issuance; since the 2024 halving, miners have received 3.125 BTC per block, down from 6.25 BTC. The 61% reading is not a guaranteed price signal, but it marks another stage in Bitcoin’s fixed issuance schedule as institutional demand strengthens.
