On October 29, Bloomberg senior ETF analyst Eric Balchunas wrote that the total BTC holdings of the U.S. spot Bitcoin ETF are expected to reach 1 million BTC next Wednesday, and will exceed Satoshi Nakamoto's holdings in mid-December. Currently, it is increasing by about 17,000 BTC per week.
However, anything is possible, such as a violent sell-off that delays this process, but this is still inevitable. Conversely, if the price continues to rise, and Trump wins the election, we may see a surge in FOMO (fear of missing out) sentiment, accelerating this process. Stay tuned.
