TechFlow news, November 25 — According to Beincrypto, spot Bitcoin ETF holdings have reached 1.081 million BTC, nearing Satoshi Nakamoto's estimated holdings of 1.1 million BTC. Eric Balchunas, senior Bloomberg analyst, stated that Bitcoin ETFs have now closed 98% of the gap with Satoshi’s estimated holdings and are on track to surpass it before Thanksgiving at the current pace of inflows.
Data shows that ETF inflows over the past five trading days surged 97% year-over-year to $3.3 billion, with BlackRock's IBIT contributing $2 billion. The total assets under management (AUM) of Bitcoin ETFs have reached $107 billion, drawing close to gold ETFs' $120 billion. A crossover is expected before Christmas.
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