US Bitcoin ETFs Become the Largest Bitcoin Holder, Surpassing Nakamoto
U.S. Bitcoin ETFs now hold 1.1M BTC, surpassing Nakamoto’s holdings, signaling a shift in Bitcoin’s market dominance
Highlights:
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U.S. Bitcoin ETFs surpass Satoshi Nakamoto, becoming the largest Bitcoin holder with 1.1M BTC.
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The growth of Bitcoin ETFs shows strong interest from both retail and institutional investors.
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Bitcoin ETFs’ rise signals a shift towards regulated investment vehicles in the crypto market.

U.S. spot Bitcoin Exchange-Traded Funds (ETFs) have surpassed Satoshi Nakamoto, Bitcoin's creator, as the largest holder of Bitcoin. As of December 5, 2024, these ETFs hold 1,104,000 BTC, surpassing Nakamoto's well-known stash of 1.1 million BTC.
The Rapid Rise of Bitcoin ETFs
Since gaining approval from the U.S. Securities and Exchange Commission in January, Bitcoin ETFs have grown rapidly. These funds have attracted both institutional and retail investors who prefer regulated exposure to Bitcoin.
The growth has been staggering, with $766 million in net inflows recorded on December 5, 2024. For six straight days, the funds have experienced positive inflows, demonstrating strong and consistent investor interest, highlighting the increasing recognition of Bitcoin as a serious asset class.
What This Means for Bitcoin and Investors
ETF analyst Eric Balchunas predicts that these funds could even surpass gold ETFs by Christmas if the current momentum continues. This would be a major shift, positioning Bitcoin as a store of value, similar to gold. The rise of Bitcoin ETFs changes how Bitcoin is traded and perceived.
With these ETFs holding more BTC than Nakamoto, the funds may attract even more institutional investors.
This could further legitimize Bitcoin as an asset. Additionally, as Bitcoin ETFs grow, regulated financial products seem poised to dominate the crypto market.
For now, U.S. Bitcoin ETFs are reshaping the cryptocurrency landscape. Their rapid growth signals a new era for Bitcoin, attracting institutional investors and driving the maturation of the crypto market.
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