🏦 Institutional #bitcoin Concentration 📊

Recent analysis by Glassnode, reported via ChainCatcher, highlights how Bitcoin liquidity is increasingly concentrated among major institutions 🔍. Public companies now hold around 1.07 million BTC, while government agencies control approximately 620,000 BTC 🏛️. Meanwhile, U.S. spot ETFs account for nearly 1.31 million $BTC , and crypto exchanges hold the largest share with about 2.94 million BTC 💼. Altogether, these entities control roughly 5.94 million Bitcoins, representing nearly 29.8% of the total circulating supply ⚖️. This growing institutional and custodial dominance signals Bitcoin’s deeper integration into traditional finance 🚀📈.