**Bitcoin ETFs Nearing Satoshi Nakamoto's Holdings**
Spot Bitcoin ETFs in the U.S. are on the verge of holding more Bitcoin than the cryptocurrency's elusive creator, Satoshi Nakamoto. Bloomberg ETF Analyst Eric Balchunas revealed that these ETFs now collectively possess 909,700 BTC, valued at approximately $55.1 billion.
- **Nakamoto's Stash**: Estimated at 1.1 million BTC, Nakamoto's untouched holdings date back over 13 years.
- **Rapid Growth**: ETFs are adding around 37,510 BTC monthly, potentially surpassing Nakamoto by January.
- **Top Players**: BlackRock's iShares Bitcoin Trust ETF leads with $20.33 billion in Bitcoin, followed by Fidelity's $9.72 billion.
Balchunas predicts BlackRock could become the top holder by late next year. Some estimates suggest Nakamoto's holdings might be as low as 600,000 BTC, spread across numerous wallets. Since January, Bitcoin ETFs have seen net inflows of $17.35 billion, despite significant outflows from Grayscale's ETF.