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U.S. Bitcoin ETFs Overtake Satoshi’s BTC Holdings

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By on December 6, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post U.S. Bitcoin ETFs Overtake Satoshi’s BTC Holdings appeared first on Coinpedia Fintech News

U.S. Bitcoin spot ETFs now hold 1,104,534 BTC, overtaking Satoshi Nakamoto’s 1.1 million BTC in less than a year, according to Bloomberg’s Eric Balchunas. BlackRock’s iShares Bitcoin Trust leads with 521,375 BTC, followed by Grayscale (251,330 BTC) and Fidelity (199,246 BTC). Satoshi’s holdings now rank second, trailed by Binance (633,103 BTC), MicroStrategy (402,100 BTC), and the U.S. government (198,109 BTC). Investor interest has surged, with $2.7 billion in ETF inflows over six days. Ethereum spot ETFs are also booming, recording $428.44 million in a single-day inflow, showcasing growing institutional demand.

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