Satoshi

Bitcoin

Impact

<ul class="wp-block-list">
 <li>U.S. Bitcoin ETFs now hold more than 1.1 million BTC, surpassing Satoshi Nakamoto's estimated stash.</li>  
 <li>BlackRock’s IBIT leads U.S. Bitcoin ETFs with 521,164 BTC, marking a milestone in crypto investments.</li>  
 <li>Bitcoin ETFs’ rapid growth reflects growing institutional interest, surpassing Binance and MicroStrategy’s holdings.</li> 
</ul>  
<p>Bitcoin exchange-traded funds (ETFs) in the United States have surpassed the holdings of Bitcoin’s creator, Satoshi Nakamoto. According to Bloomberg ETF <a href="https://x.com/EricBalchunas/status/1865012801997087105" rel="noopener noreferrer nofollow">analyst</a> Eric Balchunas, US Bitcoin ETFs currently contain more than 1.1 million BTC.&nbsp;</p>  
<p>This is the same amount believed to be held by Nakamoto. CoinGlass data confirms this milestone, revealing that as of December 6, 2024, U.S. ETFs held 1,105,923 BTC.</p>  
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<h2 class="wp-block-heading" id="h-growth-of-u-s-bitcoin-etfs"><strong>Growth of U.S. Bitcoin ETFs</strong></h2>  
<p>Bitcoin ETFs have grown rapidly since they were launched in January. These funds have seen a surge in investments, accumulating over $33 billion in net inflows. This week alone, Bitcoin ETFs saw roughly $2.35 billion in inflows.&nbsp;</p>  
<p>Bitcoin's recent price spike, which <a href="https://cryptonewsland.com/bitcoins-new-trading-range-in-focus/" rel="noopener noreferrer nofollow">surpassed</a> $100,000, has contributed significantly to this growth. As a result, the total assets under management for these ETFs have exceeded $109 billion.</p>  
<h2 class="wp-block-heading" id="h-leading-bitcoin-etfs"><strong>Leading Bitcoin ETFs</strong></h2>  
<p>BlackRock's IBIT product is the largest of these funds, with 521,164 BTC. Grayscale's converted <a href="https://cryptonewsland.com/grayscales-gbtc-sees-positive-inflow-after-prolonged-downturn/" rel="noopener noreferrer nofollow">GBTC</a> fund has 214,217 BTC, while Fidelity's FBTC has 199,183 BTC. These funds have become the world's largest Bitcoin holders. They have exceeded global cryptocurrency exchanges such as Binance, which has 633,103 BTC.</p>  
<h2 class="wp-block-heading" id="h-microstrategy-and-corporate-bitcoin-holders"><strong>MicroStrategy and Corporate Bitcoin Holders</strong></h2>  
<p>MicroStrategy, the largest corporate Bitcoin holder, owns 402,100 BTC, worth more than $40 billion. This company has made Bitcoin its primary treasury asset since 2020 and plans to raise $42 billion for more acquisitions.</p>  
<p>Bitcoin ETFs currently hold 42% more BTC than Binance and 63% more than MicroStrategy. Other public companies, such <a href="https://www.mara.com/" rel="noopener noreferrer nofollow">Marathon Digital</a> and Worksport, have begun to accumulate Bitcoin as part of their investment strategies.</p>  
<h2 class="wp-block-heading" id="h-impact-of-u-s-bitcoin-etfs"><strong>Impact of U.S. Bitcoin ETFs</strong></h2>  
<p>The approval of U.S. spot Bitcoin ETFs earlier this year marked a turning point in the cryptocurrency market. A court ruling forced the Securities and Exchange Commission (SEC) to approve these products, despite initial opposition from the agency.</p>  
<p>The rapid emergence of Bitcoin ETFs demonstrates the growing institutional interest in Bitcoin and the shifting landscape of cryptocurrency investment.</p> 
<p>The post <a href="https://cryptonewsland.com/u-s-bitcoin-etfs-surpass-satoshis-holdings-marking-a-historic-milestone/" rel="noopener noreferrer nofollow">U.S. Bitcoin ETFs Surpass Satoshi’s Holdings, Marking a Historic Milestone in Crypto Investments</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

U.S. Bitcoin ETFs Surpass Satoshi’s Holdings, Marking a Historic Milestone in Crypto Investments

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