US spot $BTC ETFs just passed a milestone that would have sounded crazy in 2023 đ In their first 1,000 days, theyâve accumulated 1.293M BTC, worth about $107B. Thatâs already more than the ~1.1M BTC attributed to Satoshi Nakamoto. Hereâs who holds the most: đ„ BlackRock IBIT: 806,037 BTC (62% of all ETF Bitcoin) đ„ Fidelity FBTC: 181,890 BTC đ„ Grayscale GBTC: 126,585 BTC BlackRock alone now controls 3.84% of the 21M BTC that will ever exist, more than the other 11 ETFs combined. It hasnât been a one-way road, though: on Oct 7, these same ETFs saw their biggest daily outflow since June. I broke down what that outflow means for price here đ https://bit.ly/4jdykHo Meanwhile, BTC went from $42,853 on launch day to $82,606, up about 93%. Is this concentration good for Bitcoin, or a risk to watch? đ #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#