**Spot Bitcoin ETFs Poised to Surpass Satoshi Nakamoto’s Holdings by Year-End**
According to Eric Balchunas, Bloomberg ETF analyst, US spot Bitcoin exchange-traded funds (ETFs) are on track to eclipse the Bitcoin holdings of Satoshi Nakamoto, the legendary creator of Bitcoin, by December. This forecast is based on the current accumulation pace of the ETFs, which is approximately 17,000 BTC per week.
**Projected to Reach 1 Million BTC Next Week**
At their current rate, the ETFs may surpass 1 million BTC next week, putting them on track to outpace Nakamoto’s estimated holdings of around 1.1 million BTC. This prediction is supported by the recent inflow into spot BTC ETFs, with over $4 billion in investments over the past 12 trading days, including $2.6 billion in BlackRock’s iShares Bitcoin Trust ETF (IBIT).
**Bitcoin ETF Holdings on the Rise**
The growth of Bitcoin ETF holdings can be seen in the chart below, which shows a steady increase in investments over time.
[Image: Bitcoin ETF Holdings]
**Impressive Inflows, Despite Market Uncertainty**
Despite the unpredictability of the crypto market, the recent inflows into spot BTC ETFs add weight to Balchunas’ forecast. While the timeline may be impacted by unexpected events, such as a selloff, the funds’ growth remains on an upward trajectory.
**Balchunas’ Statement**
“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.” – Eric Balchunas
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**Source**
[Source link](https://cryptoslate.com/insights/spot-bitcoin-etfs-on-track-to-overtak-satoshi-nakamotos-btc-holdings-by-year-end/)
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