Bitcoin ETFs to overtake Satoshi Nakamoto? $3.4B inflows say they might!

Quick Summary:

Bitcoin ETFs attracted $3.4 billion in just four days following elections, on course to eclipse the holdings of Satoshi Nakamoto.

This accumulation reflects a growing institutional appetite for Bitcoin, as the asset continues to gain traction within mainstream investment portfolios.“ETFs now 95% of the way to passing Satoshi as largest holder.

Bitcoin ETFs on 12th November continued to see strong inflows, with a total of $817.5 million, while IBIT accounted for the largest share at $778.3 million.

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Article Details

Author / Journalist: Ishika Kumari

Category: Crypto

Markets: United States

Topics: BTC Trading View News 1 Bitcoin Trading View News Social

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 15:00:53 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23572454

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 21 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #103

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