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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.

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