Institutional investors currently account for 31% of known Bitcoin (BTC) holders, a significant increase from 14% in 2023.

- This increase is primarily due to spot Bitcoin ETF funds, government purchases, and MicroStrategy's enhanced BTC strategy, with holdings exceeding 440,000 BTC.

- ETF funds have attracted billions of USD from traditional financial institutions, with BlackRock's iShares recording $1.4 billion in net inflows weekly.

- MicroStrategy is one of the largest BTC holding organizations, with a treasury worth $46.15 billion, accounting for about 2% of BTC's circulating supply.

- The US government leads with 198,109 BTC, while China and Bhutan also have significant holdings. 🌍

- In total, approximately 2.45% of BTC's circulating supply, worth $49.36 billion, belongs to countries. 📈