24/7 Cryptocurrency News

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.
Published by
BlackRock Bitcoin ETF To Overtake Satoshi Nakamoto’s BTC Holdings 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.

Advertisement

BlackRock Poised to Overtake Satoshi Nakamoto in BTC Holdings

Eric Balchunas pointed out that BlackRock is now the second-largest Bitcoin holder globally, trailing only the pseudonymous BTC creator Satoshi Nakamoto. According to Balchunas, if the BlackRock Bitcoin ETF continues to accumulate at this rate, it could become the largest Bitcoin holder by next year’s summer.

Source: Eric Balchunas

Balchunas speculated that if Bitcoin reaches $150,000 in the coming months, it could spark a “feeding frenzy” among financial advisors. With massive Bitcoin ETF inflows recently, BlackRock knocked off Binance for the second spot as per the above image. Adding further to his commentary on this development, Balchunas wrote:

“And yes this list can be debated given the role of custodians like coinbase, we get it, the bigger point worth being made here is JUST HOW FAST BLACKROCK IS PAC-MAN-ING UP THE BTC, or rather their investors are as their holdings represent millions of ppl”.

Advertisement

BlackRock Bitcoin ETF Is Unstoppable

With inflows registered for 24 out of the past 25 trading sessions, BlackRock Bitcoin ETF (IBIT) has been single-handedly rising the ETF inflows over the past month. Data from Thomas Fahrer shows that IBIT netted a total of 2705 BTC worth $287.5 million in inflows, which was ten times of its immediate competitor, Fidelity’s FBTC, which saw $23 million in inflows.

With this, BlackRock’s IBIT has hit another milestone of crossing $46 billion in inflows since its inception. As a result, the total holding of the iShares Bitcoin Trust has now surged to 639,000.

Source: Thomas Fahrer

Some of the biggest holders of IBIT shares in the market include financial giants like Goldman Sachs. In the latest development, $1 trillion asset manager Blackstone declared ownership of 23,094 shares in BlackRock Bitcoin ETF as of March 31, according to a recent disclosure.

The Bitcoin price is also showing strength, gaining another 1.2% today and surging past $107,000. Market experts believe that if this momentum continues further, we could be seeing fresh all-time highs by this weekend.

Share
Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Ethena Labs Secures Fresh Funding From ArkStream Capital, ENA Price Spikes

Ethena Labs has secured fresh funding from ArkStream Capital as it expands its ecosystem in…

September 6, 2025
  • 24/7 Cryptocurrency News

SEC Forms International Task Force to Crack Down on Pump-and-Dump Schemes

The U.S. Securities and Exchange Commission has launched a task force designed to tackle cross-border…

September 6, 2025
  • 24/7 Cryptocurrency News

Justin Sun Pledges $20M Buy Following WLFI Wallet Freeze

Justin Sun Justin Justin Sun responded to World Liberty Financial freezing his wallet by promising…

September 6, 2025
  • 24/7 Cryptocurrency News

Expert Blames ‘Secret Committee’ for Rejecting MSTR Stock Inclusion to S&P 500

Michael Saylor's Strategy (NASDAQ: MSTR) missed the inclusion in the S&P 500 index on Friday,…

September 6, 2025
  • 24/7 Cryptocurrency News

MARA Bitcoin Treasury Nears $6 Billion, Trails Only Strategy in Public Rankings

MARA Holdings, Inc. announced that it now holds $5.9 billion worth of Bitcoin. This cements…

September 6, 2025
  • 24/7 Cryptocurrency News

Senate Banking Committee Releases Updated Draft Crypto Market Structure Bill

The U.S. Senate Banking Committee has released an updated version of the draft Crypto Market…

September 6, 2025