Market Cap
24h Vol
5720
Cryptocurrencies
60.02%
Bitcoin Share

U.S. Bitcoin ETFs Now Hold Over 1.1M BTC, Surpassing Satoshi Nakamoto

U.S. Bitcoin ETFs Now Hold Over 1.1M BTC, Surpassing Satoshi Nakamoto


The Defiant
2024-12-06 21:00:43

U.S. spot Bitcoin exchange-traded funds (ETFs) have surpassed Satoshi Nakamoto, the pseudonymous creator of Bitcoin, in terms of Bitcoin holdings. As of December 6, 2024, these ETFs collectively hold over 1.1 million BTC, making them the largest Bitcoin holders globally. This milestone was achieved in less than a year since their inception, marking a significant event in the cryptocurrency market. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io


.
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.