US Bitcoin ETFs Near Satoshi Nakamoto’s Holdings, Set to Become Largest BTC Holders

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US Bitcoin ETFs Near Satoshi Nakamoto’s Holdings, Set to Become Largest BTC Holders US spot Bitcoin ETFs are on the brink of surpassing Satoshi Nakamoto as the largest Bitcoin holder, now holding an estimated 95% of Satoshi’s BTC stash, according to Eric Balchunas, senior ETF analyst at Bloomberg.

Institutional Demand: Bitcoin ETFs offer a compliant route for institutions to invest in Bitcoin, expanding the asset’s reach to pension funds, endowments, and conservative portfolios.

Bitcoin ETFs have gained immense popularity in recent months, providing investors with a regulated and accessible way to gain exposure to Bitcoin without directly holding the asset.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Bitcoin News Bitcoin ETFs vs Satoshi Holdings

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 12:10:19 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 676 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23570517

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 29 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

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Publisher ID: #121

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