Institutional Demand for Bitcoin Soars as Spot ETFs Approach Satoshi’s Holdings
Institutional Demand for Bitcoin Soars as Spot ETFs Approach Satoshi’s Holdings
Institutional Demand for Bitcoin Soars as Spot ETFs Approach Satoshi’s Holdings
Institutional Demand for Bitcoin Soars as Spot ETFs Approach Satoshi’s Holdings
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tldr; Institutional demand for Bitcoin is increasing as U.S. Spot Bitcoin ETFs now hold 4.6% of the total supply, valued at around $58 billion. This trend indicates a preference for regulated investment options among institutions. BlackRock leads with $22.91 billion in assets. These ETFs, launched earlier this year, have attracted significant inflows and may soon surpass Satoshi Nakamoto’s holdings of approximately 1.1 million BTC. The influx of institutional capital is further supported by investments from firms like Goldman Sachs and Morgan Stanley.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Bullish news is always good.
At some point institutions will have a hard time to expand their holdings as there simply is no BTC left on the market.
Thats where we go parabolic.