U.S. custodial wallets typically hold between 100 and 1,000 Bitcoins each. Excluding exchanges and miners, this roughly reflects institutional demand. ETF holdings are included. In the past year, an additional 577,000 Bitcoins (worth $53 billion) have entered the market, and inflows are still ongoing. #BTC
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Institutional demand for Bitcoin remains strong.
U.S. custodial wallets typically hold between 100 and 1,000 Bitcoins each. Excluding exchanges and miners, this roughly reflects institutional demand. ETF holdings are included.
In the past year, an additional 577,000 Bitcoins (worth $53 billion) have entered the market, and inflows are still ongoing. #BTC