According to Deep Tide TechFlow news on December 20, as reported by Cryptoslate, K33 Research's latest report shows that in 2024, institutional investors purchased a total of 859,454 Bitcoins, accounting for approximately 4.3% of the total circulating supply, equivalent to 8 years of Bitcoin issuance. Among them, spot ETF funds have cumulatively increased their holdings by 561,781 Bitcoins, with the total management scale of U.S. ETFs reaching 1.4 million Bitcoins, of which BlackRock's IBIT holds the largest amount, at 542,653 Bitcoins, valued at approximately 54 billion dollars.
In terms of publicly listed companies, in 2024, a total of 297,673 Bitcoins were acquired, with MicroStrategy purchasing nearly 250,000 through an aggressive financing strategy, currently holding a total of 439,000. The report indicates that despite around 230,000 Bitcoins coming from bankruptcies and seized assets this year (including Mt. Gox and the German government), institutional demand effectively absorbed the selling pressure. Currently, about 22% of the circulating supply is available for trading in the market, close to the peak levels of 2021.
