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Bloomberg analyst: US Bitcoin spot ETF is expected to surpass Satoshi Nakamoto's BTC holdings in October

Bloomberg analyst: US Bitcoin spot ETF is expected to surpass Satoshi Nakamoto's BTC holdings in October

CointimeCointime2024/08/14 02:34
By:Cointime

Bloomberg ETF analyst Eric Balchunas posted on social media stating, "I didn't expect that the US Bitcoin spot ETF is expected to surpass Satoshi Nakamoto as the largest entity holding Bitcoin in October. The ETF product launched by BlackRock alone is already the third largest holder of Bitcoin and is expected to become the largest holder by the end of next year, and is likely to maintain this position in the long term."

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