**US Spot Bitcoin ETFs Poised to Surpass Satoshi Nakamoto’s Holdings by Year-End**
According to Bloomberg ETF analyst Eric Balchunas, US spot Bitcoin exchange-traded funds (ETFs) are on track to eclipse the estimated 1.1 million BTC holdings of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, by December.
Currently, these ETFs are accumulating around 17,000 BTC per week. If this pace continues, they may surpass 1 million BTC as early as next week, putting them on a trajectory to outpace Nakamoto’s holdings by year-end.
Recent inflows into spot BTC ETFs support this forecast, with close to $4 billion pouring in over the past 12 trading days. BlackRock’s iShares Bitcoin Trust ETF (IBIT) alone has attracted around $2.6 billion during this period.
Despite the unpredictability of the crypto market, which could impact the timeline, Balchunas notes that the funds’ growth remains on an upward trajectory. He cautions that unexpected events, such as a selloff, could delay this milestone, but emphasizes that the ongoing growth of these ETFs makes it “inevitable” that they will eventually surpass Nakamoto’s holdings.
Balchunas stated, “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.”
**Key Takeaways:**
* US spot Bitcoin ETFs are on track to surpass Satoshi Nakamoto’s estimated 1.1 million BTC holdings by December.
* Recent inflows of close to $4 billion into spot BTC ETFs support this forecast.
* The funds’ growth remains on an upward trajectory, despite the unpredictability of the crypto market.
* Unexpected events, such as a selloff, could delay this milestone, but ongoing growth makes it “inevitable” that these ETFs will eventually surpass Nakamoto’s holdings.
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