Bloomberg analyst: Satoshi Nakamoto's BTC holdings may be surpassed by the US Bitcoin spot ETF by the end of November

BlockBeats news, on October 30, Bloomberg senior ETF analyst Eric Balchunas posted on social media, "We need to adjust our forecasts because yesterday alone, the Bitcoin ETF swallowed up more than 12,000 Bitcoins like a drunk Pac-Man, and now holds 996,000 Bitcoins - there is a great chance to break through 1 million Bitcoins today (because yesterday's huge trading volume may translate into large inflows tonight). Reaching Satoshi's level by the end of November is a promising goal.

IBIT's assets under management exceeded US$30 billion, reaching an all-time high after yesterday's huge inflows and rising Bitcoin prices. This milestone took only 293 days, setting a historical record. The previous record was JEPI, which took 1272 days; GLD took 1790 days. It's incredible."