Bitcoin ETFs Surpass Satoshi Nakamoto’s Estimated 1.1 Million BTC Holdings 📈
Spot Bitcoin ETFs in the US have achieved a milestone by surpassing the estimated 1.1 million BTC held by Bitcoin's creator, Satoshi Nakamoto. As of now, US spot Bitcoin ETFs collectively hold 1,105,923 BTC, indicating significant growth and interest in these financial products.
Leading the charge, BlackRock’s IBIT ETFs have substantial assets under management, alongside Grayscale's GBTC and Fidelity's FBTC. Together, these 12 Bitcoin ETFs in the US have seen over $33 billion in net inflows since January, with a recent surge of $2.35 billion in just one week.
Satoshi Nakamoto, believed to have mined Bitcoin’s first 22,000 blocks, remains the largest individual holder with 1.1 million BTC. However, different entities also possess significant stakes, including MicroStrategy with 402,100 BTC and publicly traded firms like MARA and Worksport.
The United States, as a nation-state, holds the most Bitcoin, totaling 208,109 BTC, valued at $21 billion, primarily from seized funds. This positions the US ahead of other countries like China and the UK in terms of Bitcoin holdings.
Speculation over Satoshi Nakamoto's identity persists, with figures like Craig Wright and Peter Todd facing scrutiny and interest. Wright’s legal claims were dismissed, while Todd was spotlighted in an HBO documentary, sparking further debate and controversy.
Despite various claims, the true identity of Satoshi Nakamoto remains unknown, keeping the mystery alive among Bitcoin enthusiasts and the general public.
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