💰 #Bitcoin ETFs are less than 200,000 BTC away from surpassing Satoshi Nakamoto’s holdings
Spot Bitcoin (BTC) exchange-traded funds (ETFs) have amassed more than 900,000 BTC since their launch and will soon surpass the 1.1 million BTC held in wallets believed to be owned by Bitcoin’s pseudonymous creator Satoshi Nakamoto. Bloomberg senior ETF analyst Eric Balchunas recently shared a list of spot Bitcoin ETF holdings, highlighting their cumulative 916,047 BTC stash as of Sept. 24.