Research finds ~18% of bitcoin supply now held by investment funds, companies and governments

A new research report finds roughly 18% of bitcoin's supply is now held by institutions: ETFs and funds hold 1.50M BTC, listed companies 1.29M BTC, governments 645.6K BTC and private companies 284.7K BTC, totalling 3.71M BTC or 17.7% of supply, as institutional investment rises while sharp price declines continue.

Detected & updated continuously · Source: Nebula