$BTC Glassnode Report: Distribution of BTC Holdings Among Major Entities:
Public Companies: approximately 1.07 million BTC
Governments: around 0.62 million BTC
US Spot ETF: approximately 1.31 million BTC
Exchanges: roughly 2.94 million BTC
In total, these institutions hold about 5.94 million BTC, which accounts for approximately 29.8% of the total circulating supply. This highlights the growing concentration of liquidity within institutional investors
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