Cointelegraph just posted this image hours ago:
Of course, I can't verify whether the figures are close to reality or not, but supposing the 68.2% more or less reflects the reality of Bitcoin's distribution, it's probably high enough. And it's not a percentage of the circulating but the overall supply.
If we deduct from the overall supply the percentages that belong to Satoshi/Patoshi, the lost Bitcoin, and what's yet to be mined, it's even much higher.
Furthermore, considering that there are also individual investors behind the small portion held by funds and ETFs, it's probably fair to say that individuals still rule Bitcoin's supply.
Given these figures, Atticus Finch would probably tell us, "It's not time to worry yet."
Of course, I can't verify whether the figures are close to reality or not, but supposing the 68.2% more or less reflects the reality of Bitcoin's distribution, it's probably high enough. And it's not a percentage of the circulating but the overall supply.
If we deduct from the overall supply the percentages that belong to Satoshi/Patoshi, the lost Bitcoin, and what's yet to be mined, it's even much higher.
Furthermore, considering that there are also individual investors behind the small portion held by funds and ETFs, it's probably fair to say that individuals still rule Bitcoin's supply.
Given these figures, Atticus Finch would probably tell us, "It's not time to worry yet."
The "Businesses", "Funds & ETFs", and "Governments" amount of bitcoin is gonna grow a ton in the next decade as owning bitcoin by those types of entities becomes more normalized and commonplace. Those groups will eat up likely a few million of the "Individuals" share of bitcoin over the next decade or so (along with most of the unmined bitcoin), even as there could very well be another 50-100 million new individuals during that time buying up bitcoin. Gotta love the endless supply cruuuuuuunch for Bitcoin.