Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Spot ETFs Now
Hold 1 Million BTC, Likely
to Surpass Satoshi
in Two Weeks
The US spot Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETFs collectively own 1 million BTC, reaching this goal
sooner than expected thanks to major BlackRock purchases. At this rate, they
will surpass Satoshi Nakamoto s own holdings in two weeks.
The ETF issuers massive appetite for Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin raised concerns about
increasing centralization in the space.
ETFs New Milestone
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In a surprising turn, US Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETFs surpassed the milestone of holding 1
million BTC today. ETF issuer BlackRock hit a six-month trading volume high
yesterday, with analysts estimating a week to reach this threshold. However,
BlackRock accelerated the pace by purchasing over 12,000 BTC, reaching this
goal early.
Read more: What Is a Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETF? US Spot Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETF BTC Holdings. Source:
Shaun Edmondson
Yesterday s Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin surge impacted BlackRock the most , but these
mainline spot ETFs were not the only benefactors. Newly-approved ETF
derivatives and other Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin-related stocks like Riot and MicroStrategy also
saw huge gains. Bloomberg ETF analyst Eric Balchunas credited this
Herculean run of inflows for crossing the 1 million threshold
ahead of expectations.
12,000 BTC a day keeps the doctor away! At this rate, they’ll pass Satoshi in
less than two weeks. Although, they can’t keep up this Joey Chestnut-level
pace, can they? Balchunas mused via social media post , referencing the
champion hot dog eater.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETFs, spearheaded by BlackRock, are now on the verge of surpassing
Satoshi Nakamoto’s 1.1 million BTC stockpile. Just two days ago, Balchunas
estimated this would occur by mid-December, adjusting yesterday to the end of
November. Yet, even that projection now appears conservative, with another
substantial acquisition potentially pushing the timeline forward once more.
However, these purchases have also sparked anxiety in the crypto space.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin was created to be a decentralized, ownerless, trustless currency
system. The community has persistently feared the encroachment of
centralization , and massive ETFs may have changed the stakes.
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Reminder to the small guy to get some / get yours while
you still can. Utterly enormous supply shock inbound, analyst Shaun
Edmondson warned .
Read More: Who Owns the Most Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin in 2024?
In other words, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin has become more accepted by traditional finance, but
these institutions may change it in turn. Last week, the ETF issuers bought
almost five times the amount of BTC produced by the entire mining industry .
Not only is this staggering consumption unsustainable, but it might also make
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin acquisition impossible for private individuals.
This milestone, appropriately enough, came on the sixteenth anniversary of
Satoshi Nakamoto s original Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin whitepaper. The space has grown and
changed in unimaginable ways since. Although cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта already existed as
a theoretical concept, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin was a pioneer with its trustless and
decentralized blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн. It will be interesting to see how this vision
endures.
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