The holdings of BTC-ETF in the United States will exceed those of Satoshi Nakamoto
At present, various ETFs in the United States already hold more than 900,000 BTC, which is only 200,000 away from Satoshi Nakamoto's 1.1 million.
Bloomberg researchers analyzed that by October this year, the holdings of BTC-ETF in the United States will exceed those of Satoshi Nakamoto, and currently only BlackRock ranks third.
If the BTC held by the US government and other US institutions are added, the total BTC holdings in the United States have already exceeded those of Satoshi Nakamoto.
There is a question here:
Why does the holdings of ETFs continue to increase, while the market has been fluctuating and adjusting for 5 months, and is still hovering around 60k? Is it intentional suppression of the market to absorb funds?
This possibility exists. In the future market, the weight of retail investors will become lower and lower, and the weight of institutions will become higher and higher. This trend is irreversible.
The only thing retail investors can do is to hold their own chips, be a spectator, and watch the performance of institutions.