Bitcoin ETFs Have Outstripped Satoshi Nakamoto's Holdings

Benzinga12-09

Bitcoin ETFs have now accumulated more Bitcoin BTC/USD than the holdings of Bitcoin’s pseudonymous creator Satoshi Nakamoto. What Happened: As of market close on Thursday, these ETFs collectively held...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2490275322?lang=en_US&edition=fundamental","thumbnail":"https://www.benzinga.com/files/images/story/2024/12/08/Bitcoin-ETFs.jpeg","is_english":true,"pubTime":"2024-12-09 01:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2490275322","market":"us","top_or_hot":-1,"title":"Bitcoin ETFs Have Outstripped Satoshi Nakamoto's Holdings","media":"Benzinga","content":"<div>\n<p>Bitcoin ETFs have now accumulated more Bitcoin BTC/USD than the holdings of Bitcoin’s pseudonymous creator Satoshi Nakamoto.\nWhat Happened: As of market close on Thursday, these ETFs collectively held...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/24/12/42380475/bitcoin-etfs-have-outstripped-satoshi-nakamotos-holdings\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin ETFs Have Outstripped Satoshi Nakamoto's Holdings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin ETFs Have Outstripped Satoshi Nakamoto's Holdings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-09 01:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/24/12/42380475/bitcoin-etfs-have-outstripped-satoshi-nakamotos-holdings><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin ETFs have now accumulated more Bitcoin BTC/USD than the holdings of Bitcoin’s pseudonymous creator Satoshi Nakamoto.\nWhat Happened: As of market close on Thursday, these ETFs collectively held...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/24/12/42380475/bitcoin-etfs-have-outstripped-satoshi-nakamotos-holdings\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITO","symbol_name":"ProShares Bitcoin ETF","start_time":0,"source_url":"https://www.benzinga.com/markets/cryptocurrency/24/12/42380475/bitcoin-etfs-have-outstripped-satoshi-nakamotos-holdings","article_id":"2490275322","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2024/12/08/Bitcoin-ETFs.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490275322","pubTimestamp":1733677219,"columns":[],"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"Bitcoin ETFs have now accumulated more Bitcoin (CRYPTO: BTC) than the holdings of Bitcoin’s ","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BITO":"ProShares Bitcoin ETF","BRRR":"Valkyrie Bitcoin Fund","BK4601":"加密货币现货ETF","BITB":"Bitwise Bitcoin ETF","IBIT":"iShares Bitcoin Trust","BK4594":"比特币ETF概念","DEFI":"Hashdex Bitcoin ETF","BK4585":"ETF&股票定投概念","EZBC":"Franklin Bitcoin ETF","FBTC":"Fidelity Wise Origin Bitcoin Fund","BK4588":"碎股","GBTC":"Grayscale Bitcoin Trust","BTCO":"Invesco Galaxy Bitcoin ETF","HODL":"VanEck Bitcoin Trust ETF","BTCW":"WisdomTree Bitcoin Fund"},"translate_title":"比特币ETF的持仓量已超过中本聪","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBIT":1,"HODL":1,"GBTC":1,"FBTC":1,"EZBC":1,"DEFI":1,"BTCW":1,"BTCO":1,"BITB":1,"BRRR":1,"BITO":1},"content_text":"Bitcoin ETFs have now accumulated more Bitcoin BTC/USD than the holdings of Bitcoin’s pseudonymous creator Satoshi Nakamoto.\nWhat Happened: As of market close on Thursday, these ETFs collectively held 1,105,690 Bitcoin, valued at $110 billion, as per CoinGlass data. This milestone was reached by 10 asset managers in the U.S., who began trading these products on January 11. The only exception was Grayscale’s Bitcoin Mini Trust.\nNakamoto, who vanished from the public eye in 2011, is estimated to have mined up to 1.1 million Bitcoin in the project’s initial seven months. \nThe recent surpassing of Nakamoto’s holdings by Bitcoin ETFs marks a significant moment in the asset’s history.\nAlso Read: Bitcoin’s Bull Run: Betting On A $125K Finish To 2024\nIn a post on X, Bloomberg ETF analyst Eric Balchunas described this development as “mind-blowing”, highlighting that these products achieved this feat in less than a year. Balchunas had previously projected that these Wall Street products could surpass Nakamoto’s holdings by Christmas.\n\nKING OF THE HILL: The US spot ETFs have just passed Satoshi in total bitcoin held, now hold more than 1.1m, more than anyone in the world, and they're not even a year old yet, literally babies still. Mind blowing. h/t @EdmondsonShaun for the data pic.twitter.com/FQBIGGz5ei— Eric Balchunas (@EricBalchunas) December 6, 2024\n\nBlackRock, the world’s largest asset manager, has been a significant player in this burgeoning market. Its iShares Bitcoin Trust (IBIT) alone holds 521,000 Bitcoin, worth $50 billion.\nWhy It Matters: Bitcoin ETFs’ surpassing of Nakamoto’s holdings underscores the rapid growth and acceptance of these products in the financial market. This development also signifies the increasing institutional interest in Bitcoin and other cryptocurrencies, marking a shift from traditional investment avenues.\nBlackRock’s dominant role in this market further emphasizes the growing acceptance of Bitcoin ETFs by major financial institutions. The rapid accumulation of Bitcoin by these ETFs could potentially influence the digital currency’s price and overall market dynamics.\nWith Bitcoin ETFs achieving this milestone in less than a year, it remains to be seen how this market will evolve and what impact it will have on the broader cryptocurrency landscape.\nRead Next\nHere's How A Bitcoin Whale Nets $179M From A $120 Investment Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490275322"}