US Bitcoin ETFs Eye Satoshi’s Cache, Amassing 924,768 BTC

Since January 11, 2024, a dozen U.S. spot bitcoin exchange-traded funds (ETFs) have been consistently acquiring bitcoin (BTC). This figure excludes the substantial BTC reserves managed by Grayscale’s GBTC, which has reported a cumulative outflow of $20 billion. Currently, these bitcoin funds possess a remarkable total of 924,768.09 BTC, and if the trend of buying continues at […]