US Spot Bitcoin ETFs have significantly transformed both Bitcoin and the broader crypto industry. These ETFs have seen their value and holdings grow massively since their launch in January 2024, breaking multiple ETF records in traditional finance. Related Reading: Dogecoin Days At The Top Numbered? Cardano Set To Take Over — Analyst As it stands, US Spot Bitcoin ETFs have now surpassed BTC’s elusive creator, Satoshi Nakamoto, as the largest holder of Bitcoin. A Historic Milestone For Bitcoin ETFs US Spot Bitcoin ETFs have reached a remarkable milestone, becoming the single largest holder of the top coin. Currently, the 12 US Spot Bitcoin ETF providers collectively hold 1,104,534 BTC, which is around 5.62% of the entire Bitcoin market cap. As such, they have now exceeded Satoshi Nakamoto’s stash of 1,100,000 BTC, which has remained untouched since his disappearance. Notably, these 1,100,000 BTC, mined during the early days of Bitcoin, have remained stagnant for over a decade. The remarkable achievement by US Spot Bitcoin ETFs is the result of consistent inflows, which have played a significant role in driving its price above t ..
Support the originator by clicking the read the rest link below.
