#BlackRock Bitcoin ETF To Overtake Satoshi Nakamoto’s BTC Holdings Next Summer

With inflows exceeding $46 billion BlackRock's Bitcoin ETF is on track to surpass Satoshi Nakamoto's BTC holdings by next summer.

Highlights

Bloomberg analyst Eric Balchunas suggests this timeline could accelerate if Bitcoin rallies to $150,000.

BlackRock Bitcoin ETF (IBIT) has recorded inflows for 24 of the past 25 trading sessions.

Blackstone recently disclosed ownership of 23,094 shares in BlackRock's Bitcoin ETF as of March 31.

BlackRock Bitcoin ETF has been single-handedly dominating the ETF market, clocking another  $287.5 million in inflows on Tuesday. With over $46 billion in flows since inception in January 2024, Bloomberg Senior ETF Analyst Eric Balchunas believes that the asset manager will overtake Satoshi Nakamoto’s BTC holdings by next summer. Furthermore, if the Bitcoin price rallies to $150K, BlackRock can attain this milestone even faster.