Bitcoin ETFs on track to holding more BTC than Satoshi soon

According to Bloomberg ETF analyst Eric Balchunas, by October 2024, Bitcoin ETFs are projected to hold over 1.1 million BTC, surpassing the stash believed to be owned by Satoshi Nakamoto. This reflects a rapid uptick in institutional interest since these ETFs were launched earlier in the year. Presently, there are 10 major spot Bitcoin ETFs in the U.S., collectively holding nearly a million BTC.

https://www.coinfeeds.io/daily/bitcoin-etfs-set-to-surpass-satoshi-nakamoto-s-holdings