Bloomberg Analyst ETF Eric Balchunas predicts that by December the amount of BTC in US Bitcoin ETFs ( ETF ) may exceed assets Satoshi Nakamoto.
At the current rate of accumulation, approximately 17 BTC per week ETF could reach 1 million BTC next week, a dynamic that would allow it to surpass Nakamoto's holdings, valued at around 1,1 million BTC, as early as December of this year.
list of Assets bitcoin ETF Source: X/Balchunas
Recent influx of funds into spot bitcoin ETF adds credibility to that forecast. BTC-based ETFs have attracted nearly $12 billion in capital over the past 4 trading days, with BlackRock iShares alone Bitcoin Trust ETF (IBIT) received about $2,6 billion.
Daily inflows bitcoin ETF . Source: SoSoValue
At the same time, Balchunas noted that unpredictability in the cryptocurrency market could affect the timeframes he had outlined. However, he stipulated that even if there was a massive sell-off of the main cryptocurrency, the growth of funds would remain on an upward trajectory.
Anything could happen, like a big sell-off, but all of this is delaying the inevitable. On the other hand, if prices continue to rise, Trump wins, we could see how this could work FOMO , and everything will go faster.
