Institutional Holders Now Control Nearly One-Third of Bitcoin Supply
Overview
A significant shift is happening in Bitcoin ownership. New data reveals that nearly 30% of the world’s largest cryptocurrency is now held by large institutions, including corporations, governments, and exchange‑traded funds (ETFs). This concentration of ownership marks a major change in Bitcoin’s landscape.
Key Findings
According to recent findings by Glassnode, a leading crypto data provider, large entities now hold nearly six million bitcoins. This has reduced the influence of smaller investors over the supply of Bitcoin.
Top Institutional Holders
Among the top holders are publicly listed companies, with Strategy leading the pack with 660,624 BTC. Other major corporate holders include MARA Holdings with 53,250 BTC and Twenty One Capital with 43,514 BTC. Governments collectively hold around 620,000 BTC.
ETF Influence
U.S.-listed Bitcoin ETFs also play a significant role, collectively controlling about 1.31 million BTC. Cryptocurrency exchanges remain the largest single category of holders, with approximately 2.94 million BTC.
Market Reaction
Despite recent market weakness that saw Bitcoin briefly dip below $90,000, institutional confidence remains strong. Cathie Wood’s Ark Invest recently purchased 13,700 shares of its own Bitcoin ETF, worth around $417,000, signaling continued belief in Bitcoin’s potential.
Conclusion
The increasing concentration of Bitcoin among large institutions highlights a major shift in the cryptocurrency’s ownership structure. As institutional interest grows, the dynamics of Bitcoin’s market may continue to evolve.
