CandleFocus

Bitcoin ETFs May Soon Surpass Satoshi Nakamoto

US Bitcoin exchange-traded funds (ETFs) have gained approval from the SEC and have been accumulating Bitcoin consistently. In 2024, these ETFs attracted $17.8 billion in inflows, accumulating 916,047 BTC. This is just 84,000 BTC away from surpassing Satoshi Nakamoto's holdings. The increasing inflows from institutional investors highlight the growing influence of these ETFs on the market. The top 12 Bitcoin holders include Satoshi Nakamoto, Binance, BlackRock, Fidelity, and Grayscale. MicroStrategy, led by Michael Saylor, could soon join the top five holders with its aggressive accumulation strategy.

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