Announcements from regulatory bodies and financial news outlets

U.S. Bitcoin ETFs Now Hold Over 1.1M BTC, Surpassing Satoshi Nakamoto

Dec 6, 2024, 01:12 PM

U.S. spot Bitcoin exchange-traded funds (ETFs) have surpassed Satoshi Nakamoto, the pseudonymous creator of Bitcoin, in terms of Bitcoin holdings. As of December 6, 2024, these ETFs collectively hold over 1.1 million BTC, making them the largest Bitcoin holders globally. This milestone was achieved in less than a year since their inception, marking a significant event in the cryptocurrency market.