Overview
- Published on October 31, 2008, Satoshi Nakamoto’s nine-page paper outlined a peer-to-peer system using Proof-of-Work, a fixed 21 million supply and a solution to double-spending.
- Bitcoin trades around $110,000 with a market value near $2 trillion after pulling back from an October peak around $126,000.
- Roughly $13.4 billion in bitcoin options and $2.5 billion in ether options expired on October 31, a setup closely watched for near-term volatility.
- Following 2024 approvals, U.S. spot bitcoin ETFs have amassed more than $150 billion in assets with net inflows exceeding $62 billion, according to data cited by CoinDesk.
- Industry estimates report over 353 institutions collectively hold about 4 million BTC, underscoring deepening accumulation through custodians and ETFs.