Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
#Gate广场小课堂
Looking at the structure of Bitcoin holdings, retail investors still hold the largest share (49.0%), while the remaining 51.0% is distributed among institutional entities, "lost" supply, and government assets.
The distribution of non-retail investors is as follows:
1. Inactive or Unavailable Supply (~23.1%)
A significant portion of Bitcoin is not actually in circulation:
Lost Coins: It is estimated that 17.7% of the total supply is permanently lost.
Unmined Supply: 5.4% of Bitcoin has not yet been distributed through mining rewards.
2. Institutional and Corporate Assets (~11.4%)
Institutional adoption has become a significant pillar of Bitcoin's market structure:
Spot ETFs: These exchange-traded funds now account for 8.0% of the supply.
Publicly Traded Companies: Publicly traded companies (such as MicroStrategy) hold 3.4%.
3. Early Adopters and Network Maintainers (~8.0%)
Satoshi's Wallet: The original wallets belonging to Bitcoin's creator hold 5.2% of the supply.
Miners: The organizations securing the network hold 2.8%.
4. Nation States (~2.5%)
Governments: Various world governments currently hold 2.5% of the total Bitcoin supply.
As institutional instruments like ETFs continue to grow, Bitcoin's "retail-dominated" era is shifting into one dominated by professional custodians and long-term institutional investors.
Given this shift towards institutional custody, do you think Bitcoin's price volatility will decrease in the next few years?
$BTC