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Analysis: BlackRock currently holds nearly 700,000 Bitcoins, only 38% away from surpassing Satoshi Nakamoto

2025-07-08 12:23

Odaily News Eric Balchunas, an ETF analyst at Bloomberg, wrote on the X platform that BlackRock currently holds nearly 700,000 bitcoins, only 38% away from surpassing Satoshi Nakamoto to become the world's largest single bitcoin holder (if all Bitcoin ETFs are managed as a whole, it has already surpassed Satoshi Nakamoto). BlackRock's Bitcoin spot ETF, IBIT, is currently absorbing 40,000 bitcoins per month (about 1,300 per day). According to this trend, it is expected to reach a holding of 1.2 million bitcoins by May 2026.