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BCH $203.65 -0.43%
LINK $9.41 +0.09%
HYPE $59.52 +0.46%
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XLM $0.1539 -2.35%
ZEC $506.16 -0.91%

Bloomberg ETF Analyst: The total holdings of U.S. Bitcoin spot ETFs have exceeded 93% of Satoshi Nakamoto's BTC holdings

2024-11-08 20:36:32

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on social media, "Bitcoin ETF saw a net inflow of $1.4 billion yesterday, setting a new historical high (influenced by the 'Trump effect').

Among them, IBIT had an inflow of $1.1 billion in a single day. The total inflow over the past month reached $6.7 billion, and year-to-date inflows have reached $25.5 billion. Approximately 18,000 bitcoins were bought in a single day (compared to 450 bitcoins mined that day), and the total holdings of U.S. Bitcoin spot ETFs have now reached over 93% of the 1.1 million bitcoins held by Satoshi Nakamoto."

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