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Bitcoin ETFs Now Hold More Bitcoin Than Satoshi

Original: Bitcoin ETFs Now Hold More Bitcoin Than Satoshi. Are They Helping or Hindering Bitcoin?

Bitcoin exchange-traded funds have collectively accumulated more bitcoin than the estimated hoard of Satoshi Nakamoto, the currency's anonymous creator, whose roughly one million coins have never moved. The milestone is prompting debate in financial media over whether institutional ETF demand is strengthening bitcoin by broadening adoption, or undermining its decentralized ethos by concentrating holdings in Wall Street-managed funds.

Why now: ETF holdings crossing Satoshi's famous untouched stash marks a symbolic milestone in bitcoin's institutionalization, reigniting debate over Wall Street's influence on the asset.

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• Bitcoin ETFs Now Hold More Bitcoin Than Satoshi. Are They Helping or Hindering Bitcoin? · 24/7 Wall St.

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