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Bitcoin ETFs Now Hold More Bitcoins Than Satoshi Nakamoto! Coinpedia 06 жел 2024

Bitcoin ETFs Now Hold More Bitcoins Than Satoshi Nakamoto! 📈

Bloomberg ETF analyst Eric Balchunas has observed that U.S. spot Bitcoin ETFs have amassed more Bitcoins than Satoshi Nakamoto, whose holdings have always been a benchmark in the crypto world. The current holdings stand at approximately 1,104,534 BTC, marking a significant milestone.

This accumulation has positioned Bitcoin ETFs as the entities with the most Bitcoins worldwide, reflecting increased institutional interest and investment in Bitcoin as a financial asset.

Moreover, the fact that these holdings have been accumulated in less than a year underlines the rapid acceptance and integration of Bitcoin into traditional financial systems through ETFs. Particularly, BlackRock’s Bitcoin ETF has been highlighted as notably successful.

The pace and volume of ETF Bitcoin accumulation could also influence market dynamics and Bitcoin's perceived value, signaling the cryptocurrency’s strengthening foothold in mainstream financial markets.

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