Latest Crypto News: Spot Bitcoin ETFs on track to overtak Satoshi Nakamoto’s BTC holdings by year-end

Link: https://cryptoslate.com/insights/spot-bitcoin-etfs-on-track-to-overtak-satoshi-nakamotos-btc-holdings-by-year-end/

Summary:

Bloomberg ETF analyst Eric Balchunas predicted that by December, US spot Bitcoin exchange-traded funds (ETFs) BTC holdings could eclipse those of Satoshi Nakamoto. Balchunas suggested that at their current accumulation pace — roughly 17,000 BTC weekly — the ETFs may surpass 1 million BTC next week. This puts them on track to outpace Nakamoto’s holdings, estimated to […]

The post Spot Bitcoin ETFs on track to overtak Satoshi Nakamoto’s BTC holdings by year-end appeared first on CryptoSlate.

Tags: #crypto #bitcoin #nostr

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