đšâïžđšUS ETFs are on track to surpass the Bitcoin holdings of Satoshi Nakamoto đ€Ż, the creator of Bitcoin, in October đ. $BTC đ‎ïžđȘ
This milestone marks a significant shift in the landscape of Bitcoin ownership and investment đ.
Satoshi Nakamoto is estimated to hold around 1.1 million Bitcoins đž, approximately 5% of the total supply đ. US ETFs, on the other hand, have been rapidly accumulating Bitcoin đ, with their holdings growing exponentially đ.
This trend indicates:
1. Institutional investment đ: US ETFs are attracting significant institutional investment, driving up demand for Bitcoin.
2. Mainstream adoption đ: Bitcoin is becoming increasingly mainstream, with traditional financial instruments like ETFs providing easy access to the cryptocurrency.
3. Shift in ownership đ: The balance of power is shifting, with US ETFs potentially holding more Bitcoin than the creator of the cryptocurrency themselves đ€Ż.
This development has significant implications for the future of Bitcoin and the broader cryptocurrency market đ.