36 Global Bitcoin ETFs Now Hold More BTC Than Satoshi Nakamoto

36 Global Bitcoin ETFs Now Hold More BTC Than Satoshi Nakamoto

HODLCapital reported through X that "the total BTC held by 36 global Bitcoin ETFs, as of June 14, has surpassed that of Bitcoin creator Satoshi Nakamoto, reaching 1,038,693 units." This significant milestone highlights the growing institutional adoption of Bitcoin and the increasing role of ETFs in providing exposure to the cryptocurrency. The combined holdings of these ETFs now exceed the estimated holdings of Satoshi Nakamoto, who is believed to possess between 750,000 to 1.1 million BTC. The surge in ETF assets under management (AUM) reflects the growing demand from institutional investors seeking diversified exposure to digital assets. The convenience and accessibility of ETFs have made them an attractive investment vehicle for both experienced and novice investors. As the cryptocurrency market continues to evolve, ETFs are expected to play an increasingly important role in shaping the future of Bitcoin and other digital assets. By providing institutional-grade access to cryptocurrencies, ETFs are helping to bridge the gap between traditional finance and the burgeoning world of decentralized finance. This trend underscores the growing mainstream acceptance of Bitcoin and the broader cryptocurrency ecosystem. As ETFs continue to attract institutional capital, the long-term prospects for Bitcoin and other digital assets appear promising.