Bitcoin-based Exchange Traded Funds (ETFs) surpass the assets under management held by Satoshi Nakamoto, Bitcoin's anonymous creator, in terms of value.

In a tweet posted on December 6, 2024, analyst Shaun Edmondson shared a groundbreaking revelation: the total Bitcoin holdings of US spot ETFs have surpassed the estimated stash of Bitcoin's creator, Satoshi Nakamoto.

These US spot ETFs, barely a year old, are making waves in the digital asset market. According to data from SoSo Value, the 12 publicly traded Bitcoin ETFs manage assets worth an impressive $112.74 billion.

The institution that has acquired the most Bitcoin ETF shares in recent months is Brevan Howard, which nearly doubled its position in the iShares Bitcoin Trust by BlackRock to a staggering $2.3 billion. Harvard University follows closely with holdings worth $1.9 billion.

BlackRock's iShares Bitcoin Trust (IBIT) leads the pack with over 500,000 BTC in holdings. The growth in Bitcoin ETFs is reshaping the investment landscape and raising questions about the evolving dynamics of Bitcoin ownership and market power.

Inflow momentum remains strong in Bitcoin-based ETFs and Ethereum funds. Since the approval of BTC-ETFs in January, the cumulative inflow has reached $32.3 billion. This growth is reflective of continued institutional interest in digital assets.

BlackRock recently added 7,750 BTC to its holdings, further demonstrating this trend. Names like Elon Musk, Larry Ellison, and Jeff Bezos are mentioned in the context of comparable wealth. At the current market price, 1.1 million BTC is valued at over $100 billion.

Researcher Sergio Demian Lerner estimates Satoshi Nakamoto's Bitcoin holdings to be approximately 1.1 million BTC. The "Patoshi Pattern" in the blockchain, identified by Lerner, is evidence of Satoshi's early mining activity.

However, questions remain about whether Satoshi is still alive and whether the private keys to this fortune are lost. If still alive, Satoshi would be among the wealthiest individuals globally. The growth of Bitcoin ETFs is undoubtedly a significant development in the world of cryptocurrency, and its implications continue to unfold.

Bitcoin-based Exchange Traded Funds (ETFs) surpass the assets under management held by Satoshi Nakamoto, Bitcoin's anonymous creator, in terms of value.