Bitcoin

With Bitcoin gaining traction, several institutional investors are gaining profits. The latest to enjoy the benefits of Bitcoin surge is the U.S. spot Bitcoin ETFs. The exchange-traded funds, launched in January in the U.S. witnessed a huge milestone on Friday. For the first time since its inception, the ETFs crossed over 1.1 million BTC in their holdings. This is said to be a greater amount than that held by Satoshi Nakamoto, the pseudonymous founder of Bitcoin.ETF analyst Eric Balchunas stated that the U.S. Bitcoin holdings of 1,104,534 BTC have surpassed not just Satoshi&#39;s, but the whole world. Also, Balchunas remarked that the spot ETFs are not even a year old and are just &#39;babies&#39; to the sector. Further, based on his findings, he stated that the 1.1M holdings surpassed Binance by 42% and contain over 63% more BTC than MicroStrategy, which accumulates Bitcoin at every possible opportunity.<a href="https://cryptotale.org/us-spot-etfs-surpass-nakamoto-in-btc-holdings-own-1-1m/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

US Spot ETFs Surpass Nakamoto in BTC Holdings, Own 1.1M+

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