Institutional entities hold approximately 3.88M BTC, which represents 18.5% of the 21M hard cap.


Public companies narrowly lead all categories at ~1.24M BTC (5.9%), with Strategy alone accounting for ~844K BTC or 4% of the total Bitcoin supply.
ETFs follow closely at ~1.32M BTC (6.3%), led by BlackRock's IBIT at ~811K BTC. Governments hold an additional ~650K BTC (3.1%).👀‍‍‍
#CryptoObservers
BTC0.81%
IBIT1.05%
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