Since the approval of the Bitcoin spot ETF on January 10th last year, BlackRock has acquired 636,000 Bitcoins over the past year. If this pace continues, by the second half of next year, its holdings are estimated to exceed 1.1 million coins, at which point it will have more than Satoshi Nakamoto's Bitcoin wallet reserves. At this point, Bitcoin will be firmly in the hands of Wall Street, and BlackRock will undoubtedly become the largest player in Bitcoin.
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