US Bitcoin ETFs Hold Over 1 Million BTC, Approaching Satoshi Nakamoto’s Stash

US Bitcoin ETFs Hold Over 1 Million BTC, Approaching Satoshi Nakamoto’s Stash

US-traded spot Bitcoin ETFs have reached a major milestone, collectively holding 1.07 million BTC as of November 14. At current market prices, this stash is valued at nearly $96 billion, underscoring the growing institutional adoption of Bitcoin. Surpassing Satoshi Nakamoto’s Holdings Bloomberg ETF analyst James Seyffart noted the rapid growth of Bitcoin ETFs, suggesting they could soon surpass the estimated 1.1 million BTC held by Bitcoin...

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