United States Bitcoin ETFs have added around 37,510 BTC to their holdings each month on average and could soon surpass Satoshi Nakamoto's estimated stash.
Spot Bitcoin exchange-traded funds (ETFs) in the United States may soon collectively hold more Bitcoin than the cryptocurrency’s anonymous creator, Satoshi Nakamoto.
Bloomberg ETF Analyst Eric Balchunas posted a chart to X on Aug. 13 showing that the ETFs now hold 909,700 Bitcoin (BTC) in total, worth around $55.1 billion at its current price of around $60,500.
They’re closing in on Nakamoto’s estimated 1.1 million BTC stash, which the mysterious creator mined in the infancy of BTC and hasn’t touched after vanishing over 13 years ago.