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Wall Street Funds Now Hold More Bitcoin Than Satoshi
Original: Wall Street’s Funds Now Hold More Bitcoin Than Satoshi. Did the ETFs Rescue Bitcoin or Capture It?
Funds on Wall Street now collectively hold more bitcoin than the estimated stash of Satoshi Nakamoto, Bitcoin's anonymous creator. The milestone, driven largely by spot ETF inflows, has reignited debate over whether institutional products rescued bitcoin by bringing mainstream capital and legitimacy, or captured it by concentrating supply in the hands of large asset managers.
Why now: Institutional ETF holdings passing Satoshi's dormant coins is a symbolic turning point in bitcoin's ownership story.
BitcoinSatoshi NakamotoWall StreetBlackRock
Evidence
- Wall Street’s Funds Now Hold More Bitcoin Than Satoshi. Did the ETFs Rescue Bitcoin or Capture It? · Yahoo Finance
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