Bloomberg Analyst: Total holdings of U.S. spot Bitcoin ETFs have reached 93% of Satoshi Nakamoto's holdings

TechFlow news, November 8 — Bloomberg senior ETF analyst Eric Balchunas released the latest data showing that Bitcoin ETFs have seen a total inflow of $6.7 billion over the past month, accumulating $25.5 billion year-to-date in 2024. Daily purchases amount to approximately 18,000 bitcoins, significantly exceeding the 450 bitcoins mined each day. Currently, the total holdings of U.S. spot Bitcoin ETFs have reached 93% of the 1.1 million bitcoins believed to be held by Satoshi Nakamoto, equivalent to about 1.023 million bitcoins.