BlackRock’s IBIT Bitcoin ETF could surpass Satoshi Nakamoto’s holdings by May 2026

BlackRock’s IBIT Bitcoin ETF could surpass Satoshi Nakamoto’s holdings by May 2026
CryptoSlate
CryptoSlate
BTC-0.97%

BlackRock’s IBIT Spot Bitcoin ETF has officially crossed 700,000 BTC in assets under management, valued at approximately $76 billion as of July 17.

The milestone comes just 18 months after the fund’s launch in January 2024, marking a rapid accumulation pace that has drawn industry-wide attention.

Bloomberg Senior ETF Analyst Eric Balchunas highlighted the achievement on July 8, noting that IBIT is now 62% of the way toward surpassing Satoshi Nakamoto as the largest known single holder of Bitcoin.

List showing the top Bitcoin holders (Source: Shaun Edmondson)

According to Balchunas, the fund has been adding roughly 40,000 BTC per month, or about 1,300 BTC per day, and could reach 1.2 million BTC by May 2026 if the current trend holds.

In addition to its growing Bitcoin holdings, IBIT has also become a top-performing revenue generator for BlackRock. Of the asset management firm’s 1,197 ETFs, IBIT now ranks third in revenue generation at $191 billion, and it is less than $9 billion away from claiming the top spot.

Table showing BlackRock’s top revenue-generating ETFs (Source: Eric Balchunas)

The post BlackRock’s IBIT Bitcoin ETF could surpass Satoshi Nakamoto’s holdings by May 2026 appeared first on CryptoSlate.

Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.