Home
News
Details

Institutions and Exchanges Control 29.8% of Circulating Bitcoin Supply

iconBitcoinWorld
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$88,306.600%
BTC news today shows institutions, exchanges, and governments now control 29.8% of circulating Bitcoin, or 5.94 million BTC. Exchanges hold the largest share at 2.94 million BTC, followed by U.S. spot BTC ETFs with 1.31 million BTC, publicly traded companies with 1.07 million BTC, and governments with 620,000 BTC. The data comes from Glassnode and reflects a BTC update on growing institutional influence in the market.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.