**Bitcoin ETFs Set to Surpass Satoshi Nakamoto’s Holdings by Year-End, Predicts Bloomberg Analyst**
Bloomberg ETF analyst Eric Balchunas has made a bold prediction: US spot Bitcoin exchange-traded funds (ETFs) are on track to eclipse Satoshi Nakamoto’s Bitcoin holdings by December. According to Balchunas, the ETFs are accumulating Bitcoin at a rapid pace, with roughly 17,000 BTC per week, and may surpass 1 million BTC next week.
If this trend continues, the ETFs will outpace Nakamoto’s estimated 1.1 million BTC holdings by year-end. This forecast is supported by the recent inflow of nearly $4 billion into spot BTC ETFs over the past 12 trading days, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) alone attracting around $2.6 billion.
As shown in the chart below, Bitcoin ETF holdings have been steadily increasing.
Despite the unpredictability of the crypto market, Balchunas notes that the funds’ growth remains on an upward trajectory. However, he cautions that unexpected events, such as a selloff, could impact the timeline.
In a statement, Balchunas said:
“Anything can happen, e.g., a violent selloff, and all this is delayed albeit still inevitable. On the flip, if prices keep going up, Trump wins, we could see FOMO could kick in, and it all happens faster.”
Bitcoin ETF daily flows have been significant, with over $1 billion in inflows on some days.
While this prediction is promising for Bitcoin ETFs, it’s essential to remember that the crypto market is highly volatile, and unexpected events can impact the timeline.
**Investors should always do their own due diligence and consult with a financial advisor before making any investment decisions.**
**Disclaimer:** The opinions expressed in this article are solely those of the writer and do not reflect the views of CryptoSlate. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to the content in this article. CryptoSlate takes no responsibility for any losses incurred.
**Source:** [https://cryptoslate.com/insights/spot-bitcoin-etfs-on-track-to-overtak-satoshi-nakamotos-btc-holdings-by-year-end/](https://cryptoslate.com/insights/spot-bitcoin-etfs-on-track-to-overtak-satoshi-nakamotos-btc-holdings-by-year-end/)
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* Bitcoin ETFs: 5 instances
* Satoshi Nakamoto: 3 instances
* Eric Balchunas: 3 instances
* Crypto market: 2 instances
* Investment: 1 instance
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Bloomberg ETF analyst Eric Balchunas predicts that US spot Bitcoin ETFs will surpass Satoshi Nakamoto’s Bitcoin holdings by year-end. Learn more about this prediction and its implications for the crypto market.
Header tags:
* H1: Bitcoin ETFs Set to Surpass Satoshi Nakamoto’s Holdings by Year-End, Predicts Bloomberg Analyst
* H2: Recent Inflows Support Forecast
* H2: Unpredictability of Crypto Market May Impact Timeline