Bloomberg analyst: U.S. Bitcoin spot ETF total holdings exceed 93% of Satoshi Nakamoto's Bitcoin holdings
On November 8th, Bloomberg senior ETF analyst Eric Balchunas posted on social media that Bitcoin ETF net inflows reached a historic high of $1.4 billion yesterday (due to the "Trump effect"). Among them, IBIT had a daily inflow of $1.1 billion. The total inflow in the past month reached $6.7 billion, and the inflow from the beginning of the year to the present reached $25.5 billion. About 18,000 bitcoins were purchased in a single day (compared to the 450 mined on that day). Currently, the total holdings of Bitcoin spot ETFs in the United States have exceeded 93% of the 1.1 million bitcoins held by Satoshi Nakamoto.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BRICS News: Russia Launches Gold Digital Asset Pilot—A Shift in Global Payments?
XRP News: XRPL Enhances Onchain Finance with Permissioned Domains
Ethereum Whales Face Bear Market Profit Levels
ETH whales see unrealized profits drop to bear market levels as ETH/BTC declines and sentiment weakens.ETH/BTC Ratio Continues to DeclineWeak Sentiment and Market Outlook
Floki Inu Made Millionaires Overnight—BTFD Coin’s 3650% ROI Potential Could Be Your Shot at the Next Big Win
Meme coins have been on a wild ride, turning small investments into life-changing profits for those who got in earlyBTFD Coin’s Play-to-Earn Game Is Fueling the Next Big Crypto SurgeFloki Inu Proved Meme Coins Can ExplodeThe Bottom Line
Trending news
MoreCrypto prices
More
