Home » Press Release » Bitcoin ETFs Now Hold More Than Satoshi Nakamoto. Will Ethereum ETF Rival or Will Lunex Network Take Lead?

Bitcoin ETFs Now Hold More Than Satoshi Nakamoto. Will Ethereum ETF Rival or Will Lunex Network Take Lead?

17.12.2024 11:05 4 min. read Kosta Gushterov
Disclosure

We may earn commissions from affiliate links or include sponsored content, clearly labeled as such. These partnerships do not influence our editorial independence or the accuracy of our reporting. By continuing to use the site you agree to our terms and conditions and privacy policy.

SHARE: SHARES

Cryptocurrency is a high-risk asset class, and investing carries significant risk, including the potential loss of some or all of your investment. The information on this website is provided for informational and educational purposes only and does not constitute financial, investment, or trading advice. For more details, please read our editorial policy.

Bitcoin ETFs Now Hold More Than Satoshi Nakamoto. Will Ethereum ETF Rival or Will Lunex Network Take Lead?

United States spot Bitcoin ETFs have hit a new milestone as their total BTC holdings have now surpassed Satoshi Nakamoto’s untouched stash.

These ETFs hold, between all, 1.1 million BTC, which is about 5.2% of Bitcoin’s whole 21 million supply. This is a monumental milestone, and industry watchers are now expecting Ethereum ETFs to tow a similar path and further boost the institutional adoption of cryptocurrencies.

They’re also discussing what this means for Lunex Network, a brand new crypto coin that is turning heads.


This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.


What does this mean for Lunex Network? 

The explosion of Bitcoin and Ethereum spot ETFs ushered a fresh inflow of funds into cryptocurrencies. They bolstered crypto adoption and also drew attention to little known projects that are punching above their weight. 

Lunex Network falls into this category of crypto tokens. A new crypto presale that powers a hybrid exchange, it promises to revolutionize how digital assets are swapped and is soaring higher with each new day. 

Its interoperability ability makes sure that anyone can exchange crypto tokens across over 40 different blockchain networks, which is quite rare in the crypto space. Lunex transactions are also fast, cheap, and the platform is easy to use for newbies and crypto veterans alike. 

In essence, Lunex is set to revolutionize the decentralized finance landscape. That is why its presale has amassed approximately $5.2 million from investors even though it launched a couple of months ago. Trillions of LNEX have been sold and at an attractive entry price of $0.0044, the presale is billed to sell out in no time. 

Bitcoin ETFs hit record high

Satoshi Nakamoto used to be known as the biggest single holder of BTC with his massive stash. This just changed with the phenomenal growth of US spot Bitcoin ETFs. These ETFs also have more BTC than Microstrategy, one of the largest corporate BTC holders as well as Binance, the biggest crypto exchange in the world. 

The mind blowing fact is that US spot Bitcoin ETFs are not even a year old yet. If they could amass this impressive BTC haul in less than a year, how many BTC will they hold in 2 or 3 years? 

Can Ethereum spot ETFs rival Bitcoin spot ETFs

Ethereum spot ETFs were approved by the SEC last July. This is just about 6 months after BTC spot ETFs were okayed by the same agency. But they’ve also witnessed an amazing inflow of funds since that time. 

While Bitcoin ETFs hit $112 billion in net assets, the total assets under management for ETH ETFs stand at $13.6 billion. There’s a big gap between the two of them but it’s not impossible for Ethereum spot ETFs to catch up. There’s a limit to how many BTCs one can accumulate and ETH is way more affordable than BTC

Don’t miss out on the Lunex boom 

As long as institutional investors keep accumulating BTC and ETH, crypto adoption is only going to keep improving. This exposure is going to spread to Lunex given its fundamentals and potential to grow. That is why experts have enumerated a 1,800% increase for the new crypto token before its presale concludes. No savvy investor would want to miss out on that. 

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork


This post is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

Telegram

SHARE: SHARES
More Press Release News

Best Crypto to Buy Now as Singapore Bars Foreign-Only Digital Token Services

Singapore’s central bank has tightened the screws on offshore token providers, barring crypto firms that serve only foreign customers unless they secure a license that will “generally not” be granted. This shift, slated to take effect on June 30, forces any digital token service targeting overseas clients into a high-bar licensing regime.  This publication is […]

07.06.2025 20:55 7 min. read Nikolay Kolev

Bitcoin Hyper Is Turning BTC Into a High-Speed Network – Don’t Miss This Presale

Bitcoin Hyper addresses BTC’s biggest limitation by creating a high-speed network that processes transactions in seconds instead of minutes. This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Using Solana’s proven technology, the platform allows Bitcoin payments that confirm […]

07.06.2025 13:38 4 min. read Nikolay Kolev

Best Crypto to Buy Now as Romania’s Post Office Embraces Bitcoin

Romania’s national postal service, Poșta Română, has taken a bold step by installing its first Bitcoin ATM at a branch in Tulcea. This move reflects a broader effort to modernize infrastructure and bring crypto access to underbanked regions. This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, […]

06.06.2025 23:20 8 min. read Nikolay Kolev

Solaxy Raises $44 Million for Solana Layer 2: Best Crypto Presale?

Solaxy (SOLX), one of 2025’s most popular meme coin presales, has already raised an impressive $44.6 million and continues to attract heavy interest. While meme coin hype has picked up in Q2 alongside the broader crypto bull run, Solaxy has stood out by consistently raising millions even when the market was bearish earlier this year. […]

06.06.2025 12:41 4 min. read Nikolay Kolev
No Comments yet!

Your Email address will not be published.