Bloomberg ETF analyst Eric Balchunas stated on platform X that BlackRock currently holds nearly 700,000 Bitcoins, just 38% away from surpassing Satoshi Nakamoto to become the world's single largest Bitcoin holder. (If all Bitcoin ETFs are considered as a whole management entity, they have already surpassed Satoshi Nakamoto). BlackRock's Bitcoin spot ETF - IBIT, is currently absorbing Bitcoin at a rate of 40,000 per month (approximately 1,300 per day), and is expected to reach a holding of 1.2 million by May 2026. [Coin World]