BlackRock’s Bitcoin ETF on Track to Eclipse Satoshi’s Fortune by 2026—Wall Street Finally Gets Crypto
Wall Street’s heavyweight champ BlackRock is gunning for crypto’s holy grail—its Bitcoin ETF (IBIT) could outpace Satoshi Nakamoto’s legendary stash by May 2026. Forget hodling—this is institutional FOMO at scale.
How the tables turn: The original cypherpunk’s 1M BTC trove now faces a challenger from… an asset manager. Irony tastes like a $10B AUM fee.
Key drivers: IBIT’s blistering inflows (averaging 4,200 BTC/day) put it on pace to hit 1M BTC in under 11 months. Meanwhile, Bitcoin’s liquidity crunch just got a trillion-dollar solution.
The twist? BlackRock’s playing the long game—while crypto OGs debate self-custody, Larry Fink’s building the ultimate ‘number go up’ machine. Cue the institutional moon math.
One hedge fund manager quipped: ‘We’ll know crypto’s mature when the SEC starts approving ETFs for shitcoins.’ Tick tock, Gary Gensler.
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.
