ETF Expert: Bitcoin Spot ETF Holds Over 1 Million Bitcoins
On November 21st, The ETF Store President Nate Geraci stated on social media, "The total supply of Bitcoin is 21 million, of which nearly 20 million Bitcoins have already been mined. It is estimated that 4 to 5 million Bitcoins have been permanently lost. Satoshi Nakamoto's address holds over 1 million Bitcoins. Spot ETFs already hold over 1 million Bitcoins. MicroStrategy (MSTR) is expected to hold up to 400,000 Bitcoins. This is not a price prediction, but the available supply of circulating Bitcoins is indeed limited."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana DEX volume hits record high: Is SOL price headed to $300?
BTC falls below $98,000
Metalayer plans to set up a $25 million crypto venture capital fund