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Bitcoin ETFs Closing in on Surpassing Satoshi’s Holdings
Bitcoin ETFs on Track to Exceed Satoshi’s Bitcoin Holdings
Recently, it has been observed that U.S.-listed spot Bitcoin exchange-traded funds (ETFs) are rapidly approaching Satoshi Nakamoto’s estimated Bitcoin stash. These ETFs have accumulated a record-breaking 916,047 BTC, inching close to the elusive milestone of 1,000,000 BTC.
The Race to Surpass Satoshi
The top three ETFs from BlackRock, Fidelity, and Grayscale have collectively acquired a significant amount of BTC, with only around 183,953 BTC needed to surpass Satoshi’s holdings. At the current rate of accumulation, these ETFs could potentially overtake Satoshi by Christmas.
The Impact of Bitcoin ETFs
Analysts predict that ETFs will soon surpass Satoshi in Bitcoin holdings, with the United States regaining dominance in Bitcoin ownership due to the growing concentration of BTC by these funds.
Predictions and Speculations
Experts believe that the momentum of Bitcoin ETFs will continue to grow, potentially dethroning Satoshi as the top Bitcoin holder. The fast-paced accumulation of BTC by these ETFs is reshaping the landscape of Bitcoin ownership.
The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
