Three days after celebrating the 15th anniversary of Bitcoin‘s Genesis block, a notable transaction occurred on the Bitcoin network involving the wallet address starting with 1A1zP, believed to be linked to Bitcoin’s anonymous creator, Satoshi Nakamoto. A market participant transferred 27 BTC worth $1.17 million to this address.
The transaction originated from a cryptocurrency exchange, Binance, and was sent to Nakamoto’s wallet on January 6th. This event quickly became a hot topic in the crypto community, with some speculating that Nakamoto might be active again.
While some community members suggested that Nakamoto had returned, others believed the transaction was made by someone else, aiming to highlight Bitcoin’s adoption and growth rather than indicating Nakamoto’s comeback.
Simultaneously, issuers of spot Bitcoin Exchange-Traded Funds (ETFs) submitted their 19b-4 updates to the U.S. Securities and Exchange Commission (SEC), which led to rumors that the SEC might approve spot Bitcoin ETFs in the following week.
Bloomberg ETF analyst James Seyffart clarified that 19b-4 updates do not guarantee approval but signify progress, while senior ETF analyst Eric Balchunas anticipated final S-1 submissions to the SEC and potential approval of spot Bitcoin ETFs by January 11th. Prominent asset management firms, including BlackRock, Grayscale, and Fidelity, are among those competing for spot Bitcoin ETF approval.