Satoshi

2024

Bitcoin

Coin

<ul class="wp-block-list news-points">
 <li><strong>US Bitcoin ETFs near 1 million BTC, just 83% away from surpassing Satoshi’s holdings.&nbsp;&nbsp;</strong></li>
 <li><strong>BlackRock resumes buying Bitcoin, boosting its 359,271 BTC holdings significantly.&nbsp;&nbsp;</strong></li>
 <li><strong>Institutional players and governments dominate Bitcoin holdings, driving market demand.</strong></li>
</ul>
<p>Bitcoin exchange-traded funds (ETFs) are edging closer to a significant milestone, with combined holdings approaching one million BTC.</p>
<p>Most recent report shows US-listed Bitcoin ETFs currently hold 916,047 BTC. This puts them just 83% shy from the estimated 1.1 million BTC held by Bitcoin’ creator, Satoshi Nakamoto. This growth is fueled by the increasing demand for Bitcoin ETFs.</p>
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   <p lang="en" dir="ltr">US bitcoin ETFs had good day yesterday pushing YTD flows to new high water mark of $17.8b. They’re now 92% of the way to owning 1million bitcoin and 83% of way to passing Satoshi as top holder. Tick tock.. <a href="https://t.co/kTxlIzjJy6" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/kTxlIzjJy6</a></p>— Eric Balchunas (@EricBalchunas) <a href="https://twitter.com/EricBalchunas/status/1838920910809481531?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 25, 2024</a>
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<p>Eric Balchunas, senior ETF analyst at Bloomberg, highlighted the notable inflows into US Bitcoin ETFs this year. He noted that these ETFs have accumulated $17.8 billion in assets under management (AUM) to date. This represents 92% of the …</p>
<p>The post <a href="https://coinedition.com/bitcoin-etfs-near-1-million-btc-rivaling-satoshis-holdings/" rel="noopener noreferrer nofollow">Bitcoin ETFs Near 1 Million BTC, Rivaling Satoshi’s Holdings</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin ETFs Near 1 Million BTC, Rivaling Satoshi’s Holdings

Coin Edition

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