CandleFocus US Bitcoin ETFs Close In on Satoshi’s BTC Stash, Holding 924,768 BTC
2024-09-29
Author: Content Editor
Twelve U.S. spot bitcoin exchange-traded funds (ETFs) have been steadily accumulating bitcoin since January 11, 2024. With a combined total of 924,768.09 BTC, these ETFs currently hold about 4.68% of the total 19.76 million bitcoins in circulation. Grayscale's GBTC, which previously held over 620,000 BTC, has experienced a total outflow of $20 billion and now holds 220,820.34 BTC. If these funds continue accumulating BTC at their current pace, they could surpass Satoshi Nakamoto's famous 1 million BTC in just over a month.
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