Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Major entities such as US spot ETFs hold approximately 4.23 million BTC

Major entities such as US spot ETFs hold approximately 4.23 million BTC

CointimeCointime2024/06/12 14:13
By:Cointime

According to Glassnode data, all major entities collectively hold 4.23 million BTC, accounting for 27% of the total adjusted circulating supply (i.e. total supply minus BTC idle for more than seven years). Specifically, US spot ETFs hold 862,000 bitcoins; Mt.Gox trustees hold 141,000 bitcoins; the US government holds 207,000 bitcoins; all exchanges hold 2.3 million bitcoins; and miners (excluding Patoshi) hold 706,000 bitcoins.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!