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/biz/ - Business & Finance

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58192801 No.58192801 [Reply] [Original]

A few months in, the results are clear. Substantial ETF flows have been one of the primary drivers of the current run up in BTC price, pushing it past its previous all time high.
In a short span of a little over two months, Bitcoin spot ETFs have collectively reached over $57B in Assets Under Management (AUM), or about 830,000 BTC. To put this in perspective, the largest known holder of Bitcoin is Satoshi at around 1.1 million BTC. The 4 largest Bitcoin addresses holding over 100,000 BTC, which are cold storage wallets of known exchanges, still hold less Bitcoin than the ETFs.

>> No.58192806
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58192806

Cool

>> No.58193004

>>58192801

Im playing a p2e game called GRAVITY soon it will be a part of that holders list... just wait

>> No.58193007

>>58193004

Funny guy

>> No.58193012

>>58193004

I don't know why I was expecting an existential and deep answer.