In under a year since their January 2024 debut, the 12 U.S. spot Bitcoin ETFs have collectively accumulated over 500,000 BTC, representing more than 2.5% of Bitcoin’s circulating supply of 19.8 million coins. This makes them the largest single holder of Bitcoin globally, surpassing the approximately 1.1 million BTC associated with Satoshi Nakamoto.
The sustained inflows into these ETFs reflect a growing appetite for regulated Bitcoin investment vehicles, with an impressive $766 million added in a six-day streak, signaling robust demand in the market. #BTC☀