U.S. Bitcoin ETFs Surpass Satoshi Nakamoto’s Holdings

U.S. Bitcoin Exchange-Traded Funds (ETFs) have reached a milestone, accumulating over 1.104 million tokens within a year of their launch. This achievement has propelled them to become the largest holder of Bitcoin globally, surpassing the holdings of Satoshi Nakamoto, the cryptocurrency’s pseudonymous creator.

Wall Street’s Growing Interest in Bitcoin

With over $109 billion invested by Wall Street, U.S. spot Bitcoin ETFs have demonstrated significant growth. Satoshi Nakamoto’s holdings, valued at $108 billion at current prices, have remained dormant for years. The rapid growth of U.S. spot BTC ETFs, an asset class that began trading in mid-January 2024, has outpaced Satoshi’s stack.

Top Players in the U.S. Spot Bitcoin ETF Market

BlackRock’s IBIT has emerged as the leader, managing nearly half of the spot Bitcoin ETF volume. Investors have allocated over $51 billion to Bitcoin through the $10 trillion asset management giant. Grayscale and Fidelity follow closely, holding $21 billion and $19 billion, respectively.

KING OF THE HILL: The US spot ETFs have just passed Satoshi in total bitcoin held, now hold more than 1.1m, more than anyone in the world, and they’re not even a year old yet, literally babies still. Mind blowing.

Expert Insights on the Future of Bitcoin

According to experts, institutional demand for Bitcoin via ETFs and corporate treasuries will continue to grow, driving the broader digital asset ecosystem toward global adoption. Hex Trust CEO Alessio Quaglini predicts that this trend could spark a “sovereign race” for Bitcoin among nation-states.

Mercuryo co-founder and CEO Petr Kozyakov believes that cryptocurrency is destined for mass adoption, similar to the World Wide Web. He notes that projects that excel in providing seamless and secure solutions with a high-level user experience (UX) will rise to supremacy.

Cryptocurrency is destined to reach mass adoption in just the same way as the World Wide Web has today. Furthermore, it will be the projects in the space that excel in providing seamless and secure solutions with a high-level user experience (UX) that will rise to supremacy. We see a future where consumers will move effortlessly between digital tokens and fiat in their daily lives. The age of cryptocurrency has begun.

For more news and updates on the world of cryptocurrency, visit Global Crypto News.

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