U.S. Strategic Bitcoin (BTC) Reserve Marks Milestone in Institutional Adoption: Gemini

U.S. Strategic Bitcoin (BTC) Reserve Marks Milestone in Institutional Adoption: Gemini

More than 30% of the circulating bitcoin supply is now held by centralized entities including exchanges, ETFs, companies and sovereigns, the report said.

30% of bitcoin's supply is held by centralized entities: Gemini

Here's a look at at the centralized entities that own 30% of bitcoin, from governments to funds to private companies.

Over 30% Of Bitcoin Supply Controlled By Centralized Entities: Report

A new report by Gemini and analytics firm Glassnode has revealed a notable shift in Bitcoin (CRYPTO: BTC) ownership structure, with centralized entities now controlling over 30% of the

Centralized Treasuries Now Hold 31% of Bitcoin Supply

Institutional groups control 6.1 million Bitcoin, showing a huge shift in market ownership. Governments hold large Bitcoin reserves that rarely move but could affect prices when sold. Over 75 percent of Bitcoin trading volume now flows through ETFs and centralized platforms. In a twist of events, centralized treasuries appear to be crucial in the market, as they now control 30.9% of Bitcoin’s circulating supply, totaling 6.1 million BTC, valued …

Big Players Hold 30.9% of All Bitcoin, Says Gemini Report

A report by Gemini and Glassnode published on June 11 revealed that 30.9% of all Bitcoin in circulation is held by centralized treasuries, including governments, public companies, and large investment funds.