Quote from: Paddy man on August 06, 2025, 12:38:20 PM

Are we witnessing the start of a global Bitcoin arms race?
A turning point — or a silent takeover?

Quote from: Lucius on Today at 10:36:40 AM

Quote from: Abiky on August 17, 2025, 08:06:43 PM

I think it's all part of the plan to takeover Bitcoin (a silent takeover). We can all be relaxed for now, since governments and institutions combined hold less than 1m BTC. That makes around 4.8% of the circulating supply. The rest is in the hands of exchanges and the people.
~snip~

You're not exactly up to date with the numbers, because back in early July, US-based ETFs alone held around 1.24 million BTC, which is roughly 6%, and if you add the 3% held by Strategy and everyone else we know and don't know about, then that figure definitely exceeds 10% of the max supply.
In addition, everything held by CEXs is centralized, it can be frozen or hacked at any time, so I don't consider it safe.

Yes, Paddy, this appear to be a hushed ₿ arms race. The United States not long ago accepted a Strategic Bitcoin Reserve with about 200000 ₿, basically through forfeitures with no taxpayer funding. Over 1.24 million ₿ or more than 6% of the entire supply are at present HODLed by USlisted spot ETFs.

So Lucius nailed itn, the overall institutional sway is in all likelihood more than 10%. That is a lot of capability in one region. imo only strengthens the case for self-custody & decentralised infrastructure -your nodes, your keys - to ensure that Bitcoin residue genuinely owned by the people.