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Bloomberg ETF analyst: U.S. spot Bitcoin ETF's Bitcoin holdings may surpass Satoshi Nakamoto in mid-December
2024-10-29 13:39
Odaily News Eric Balchunas, senior ETF analyst at Bloomberg, wrote on the X platform that the total Bitcoin holdings of US spot Bitcoin ETFs are expected to reach 1 million next Wednesday and exceed Satoshi Nakamoto's holdings in mid-December. Currently, about 17,000 BTC are added each week. However, although such actions as "violent selling" have been delayed, they are still inevitable. On the other hand, if prices continue to rise and Trump wins, we may see the spread of FOMO (fear of missing out) and everything will happen faster.