Nakamoto becomes the largest owner of Bitcoin in the world.
The rise in the price of Bitcoin boosts investor confidence, leading to record inflows into Bitcoin exchange-traded funds. Institutional demand for Bitcoin coin (BTC) is growing, with BlackRock and Fidelity recording significant inflows from exchange-traded funds. BlackRock is about to become the largest owner of Bitcoin, as it now holds 57% of Satoshi Nakamoto's assets. If the price of Bitcoin rises to $150,000 in the coming months, the company could accumulate more coins than those held by Nakamoto. Eric Balchunas expects BlackRock to achieve this goal by next summer, which could encourage a rush among advisors.
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Nakamoto becomes the largest owner of Bitcoin in the world.
The rise in the price of Bitcoin boosts investor confidence, leading to record inflows into Bitcoin exchange-traded funds.
Institutional demand for Bitcoin coin (BTC) is growing, with BlackRock and Fidelity recording significant inflows from exchange-traded funds.
BlackRock is about to become the largest owner of Bitcoin, as it now holds 57% of Satoshi Nakamoto's assets. If the price of Bitcoin rises to $150,000 in the coming months, the company could accumulate more coins than those held by Nakamoto. Eric Balchunas expects BlackRock to achieve this goal by next summer, which could encourage a rush among advisors.