Following the recent rise of Bitcoin, the world's largest cryptocurrency, there have been large inflows into US-listed spot ETFs and changes have also been observed in the ranking of wallets with the most BTC.
Bitcoin price has seen an impressive rise of 7.59% in the last week.
In the last day, there has been a truly massive inflow into BTC ETFs, with approximately half a billion dollars being transferred into these ETFs. Total net inflows are just around the corner from exceeding the $20 billion mark.
In addition, these ETFs are progressing with sure steps towards having a total of 1 million BTC, and 94% of the target has been reached with 938,533 BTC. The next target will probably be to surpass the 1.1 million BTC owned by Satoshi Nakamoto.
Related News: BREAKING: Canary Files Litecoin (LTC) ETF Application
Here are the assets with the most BTC in the world according to the latest data:
*This is not investment advice.
Continue Reading: List of the Biggest Bitcoin Holders Updated – Satoshi Nakamoto Could Fall to Second Place
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.