o date, Bitcoin ETFs have accumulated approximately 900,000 BTC. Comparing this amount to satoshi Nakamoto the creator and biggest holder of Bitcoin which holds 1Million Bitcoin. So far, The ETFs are only 17% from catching up to Nakamoto's holdings.
Leading ETF Players
Blackrock’s Bitcoin ETF is currently leading the way with the biggest Bitcoin holding of approximately 358,000 BTC, in second place comes Grayscale’s ETF currently holding 258,600 BTC and in third place is Fidelity Investment Bitcoin ETF with 184,500 BTC. These 3 ETF are dominating the Bitcoin ETF market with approximately 85%.
Recent Inflows and Growth
In the last few days, Bitcoin ETF saw a rise in inflows, which is positively affecting the price of BTC. The inflows account to approximately $391 million dollars .
Total ETF Flows
Since the start of the year, when Bitcoin ETFs were approved, total inflows to date account to $17.8 billion dollars. The most successful ETF launch in history. This highlights the growing interest from big investors and institutions in Bitcoin.
Bitcoin ETFs Near Satoshi’s Holding
The huge amounts of inflows into Bitcoin ETFs since launch, highlights a rising interest from institutions and investors into the crypto market. The progress towards, and possible overtaking of, Satoshi's estimated holdings by these funds signifies an important achievement in Bitcoin's move toward mainstream financial acceptance.
