Bitcoin ETFs nearing a significant milestone as their collective Bitcoin holdings approach the mythical figure associated with Satoshi Nakamoto—estimated at about 1.1 million BTC.

With their current total nearing 951,000 BTC, these funds, including prominent players like BlackRock’s iShares and Fidelity’s Wise Origin, show no signs of slowing down their accumulation​.

The rapid increase in holdings is fueled by consistent monthly inflows and investor preference for regulated financial vehicles over direct cryptocurrency purchases. BlackRock’s iShares Bitcoin Trust alone has amassed significant holdings, making it a key contributor to the ETFs’ growth​

If current trends hold, projections suggest these ETFs could surpass Nakamoto’s holdings as early as this year​.

The influence of Bitcoin ETFs on the market is increasingly significant, suggesting a pivotal shift in how Bitcoin is held and managed, potentially centralizing a considerable portion of available Bitcoin under the management of a few institutional funds​.

This shift reflects broader institutional confidence in Bitcoin as a viable investment, despite its notorious volatility and regulatory complexities.