⭐ Merited by zasad@ (1)
https://dailyhodl.com/2024/12/24/31-of-all-bitcoin-holdings-now-belong-to-etfs-governments-and-microstrategy-mstr-cryptoquant-ceo/
Exchange-traded funds (ETFs), governments and MicroStrategy (MSTR) own nearly one-third of all known Bitcoin (BTC) holdings.
The 31% of known BTC holdings owned by ETFs, governments and MicroStrategy represents a 14% increase from December 2023, according to Ki Young Ju, the founder and chief executive of the digital asset analytics firm CryptoQuant.
“Bitcoin Cap Table Update: ETFs, governments, and MSTR now account for 31% of all known Bitcoin holdings, up from 14% last year.”
Exchange-traded funds (ETFs), governments and MicroStrategy (MSTR) own nearly one-third of all known Bitcoin (BTC) holdings.
The 31% of known BTC holdings owned by ETFs, governments and MicroStrategy represents a 14% increase from December 2023, according to Ki Young Ju, the founder and chief executive of the digital asset analytics firm CryptoQuant.
“Bitcoin Cap Table Update: ETFs, governments, and MSTR now account for 31% of all known Bitcoin holdings, up from 14% last year.”
There is something misleading about that pie chart, since there should be another one that shows how many bitcoin are in unknown entities. The pie chart implies that to be the whole bitcoin supply when it is depicting less than 25% of the total bitcoin supply.