🔥On December 13th, Glassnode published an analysis stating that the holdings of Bitcoin by major holder types are as follows: Publicly listed companies: Approximately 1.07 million Bitcoins; Government agencies: Approximately 620,000 Bitcoins; US spot ETFs: Approximately 1.31 million Bitcoins; Exchanges: Approximately 2.94 million Bitcoins.

These institutions collectively hold approximately 5.94 million bitcoins, representing about 29.8% of the circulating supply. This highlights the growing concentration of liquidity in the hands of institutions and custodians$BTC