Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Bloomberg analyst: U.S. Bitcoin spot ETF total holdings exceed 93% of Satoshi Nakamoto's Bitcoin holdings

Bloomberg analyst: U.S. Bitcoin spot ETF total holdings exceed 93% of Satoshi Nakamoto's Bitcoin holdings

CointimeCointime2024/11/08 12:44
By:Cointime

On November 8th, Bloomberg senior ETF analyst Eric Balchunas posted on social media that Bitcoin ETF net inflows reached a historic high of $1.4 billion yesterday (due to the "Trump effect"). Among them, IBIT had a daily inflow of $1.1 billion. The total inflow in the past month reached $6.7 billion, and the inflow from the beginning of the year to the present reached $25.5 billion. About 18,000 bitcoins were purchased in a single day (compared to the 450 mined on that day). Currently, the total holdings of Bitcoin spot ETFs in the United States have exceeded 93% of the 1.1 million bitcoins held by Satoshi Nakamoto.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x DGAI: Trade to share 60,000 USDT

Bitget Announcement2026/09/03 13:00

CandyBomb x DEBIT: Trade to share 45,000 USDT

Bitget Announcement2026/09/01 13:00

Bitget Will Support the BounceBit (BB) Contract Swap

Bitget Announcement2026/09/01 08:00

Hold USDGO for dual perks, earn up to 30%+ APR!

Bitget Announcement2026/09/01 02:00