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News Explorer — Bitcoin ETFs Hold Nearly as Much BTC as Satoshi Nakamoto

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Aug 13, 7:30 pm
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Bitcoin ETFs Hold Nearly as Much BTC as Satoshi Nakamoto

Bitcoin exchange-traded funds (ETFs) are on track to collectively hold more Bitcoin than its mysterious founder, Satoshi Nakamoto. Currently, the 10 spot Bitcoin funds trading on American stock exchanges hold close to a million digital coins. Based on the current rate of accumulation, ETFs are expected to surpass Satoshi's stash of 1.1 million BTC in October, with BlackRock's fund projected to become the largest holder by late 2025.

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