The US BTC ETF is expected to soon surpass Satoshi Nakamoto's BTC reserves

Bloomberg ETF analyst Eric Balchunas released a chart on August 13th, showing that ETFs currently hold 909,700 BTC, which is worth approximately $55.1 billion based on the current price of BTC at around $60,500. They are approaching the estimated 11 million BTC reserves of Satoshi Nakamoto. On average, BTCETF's monthly holdings increase by about 37,510 BTC. At this rate, their holdings could exceed Satoshi Nakamoto's holdings in January (one year after its initial launch).

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