Bitcoin24h $87,465.30-1.42%

Ethereum24h $2,930.62-1.17%

BNB24h $839.23-0.27%

XRP24h $1.85-1.15%

Solana24h $123.05+0.12%

TRON24h $0.2792-0.23%

Dogecoin24h $0.1227-2.47%

Cardano24h $0.3526-0.14%

Bitcoin Cash24h $600.75-1.10%

Hyperliquid24h $25.98+3.47%

The number of BTC wallets holding more than 0.1 BTC hasn’t grown in two years

There has never been a two-year period with a declining number of addresses holding more than 0.1 BTC — until now.

CHART: Bitcoin ETFs shed $58B, dropping faster than BTC

Although both BTC ETFs and the price of BTC itself have declined since October, ETF outflows have far outpaced the asset’s decline.

The significant moment came when Antpool mined block 923,999, earning Bitcoin’s coinbase reward containing the 19,950,000th BTC.

Amid a historic rally in gold over the last 12 months, BTC investors are losing confidence in it becoming digital gold.

The contentious release of Bitcoin Core v30 is a reminder about the power of spot ETFs to choose which BTC fork earns investment flows.