Markets· ★★★· neutral·

Bitcoin ETFs Now Hold More BTC Than Satoshi Nakamoto

  • —ETFs hold over 1.1 million BTC, exceeding Satoshi's estimated stash
  • —ETF reserves grew on sustained inflows through 2024–2025
  • —Debate: ETFs add liquidity but concentrate supply
Why it matters: Bitcoin's growing concentration in ETFs reshapes market structure, supporting prices via inflows while tying demand to institutional flows.
Source: Google News (crypto query)