- U.S. spot Bitcoin ETFs nearing Satoshi’s 1.1M BTC holdings, led by BlackRock’s iShares Bitcoin Trust.
- Bitcoin ETFs’ rapid accumulation may surpass Satoshi Nakamoto’s estimated BTC holdings by October.
- Institutional interest in Bitcoin surges as ETFs gain billions, signaling growing market influence.
The recently launched U.S. spot Bitcoin exchange-traded funds (ETFs) are on track to collectively hold more Bitcoin than the amount believed to be owned by the cryptocurrency’s unknown creator, Satoshi Nakamoto. This development comes just months after the ETFs’ introduction to the market, highlighting their drastic accumulation of digital assets.
Since their debut earlier this year, the U.S. spot Bitcoin ETFs have gained billions of dollars in Bitcoin. The total amount held by these funds is nearing one million BTC, a figure that could soon exceed the estimated holdings of Satoshi Nakamoto. The ETF’s accumulation rate suggests these funds may collectively surpass the 1.1 million BTC believed to be in Satoshi’s possession by October.
BlackRock’s iShares Bitcoin Trust (IBIT), which has more than 347,994 BTC in it, has emerged as the leader among the several ETFs. It is anticipated that BlackRock will continue to lead the market due to its success in luring investors, putting it ahead of competing funds. By late 2025, according to analyst projections, BlackRock’s ETF may contain the most Bitcoin of any ETF.
The uncertainty surrounding the identity of Bitcoin’s enigmatic creator, Satoshi Nakamoto, continues. It is generally accepted that Satoshi earned about 1.1 million Bitcoins, as he is credited with mining the first cryptocurrency in 2009.
Although this figure is a widely accepted estimate, some analysts have doubted its accuracy. If the estimate holds, Satoshi’s holdings would be valued at approximately $67 billion at current Bitcoin prices.
These Bitcoin ETFs have been some of the most successful in the market and has sought to provide investors with an easy means of getting their sleeves exposed to Bitcoins.
Due to this performance, large fund managers like Fidelity and BlackRock have increased their investor holdings of Bitcoin significantly. In another indication of institutional investors’ growing interest in Bitcoin, Grayscale’s Bitcoin Fund (GBTC) was also turned into a spot ETF following the SEC’s clearance.
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