According to data from Trader T, BlackRock and MicroStrategy have emerged as the two largest entities holding more than 400,000 Bitcoin combined, accounting for approximately 2% of the 19,893,231 BTC currently in circulation.
Bitcoin ETFs now own roughly 6% of the total supply, reflecting a 1% increase over the past five months. Meanwhile, 1,106,775 BTC remains to be mined, valued at approximately $106 billion at current market prices.
This data underscores the growing institutional adoption of Bitcoin, with key entities like BlackRock and MicroStrategy leading the charge. As ETFs expand their share of Bitcoin's supply and the remaining mineable Bitcoin dwindles, the dynamics of Bitcoin's market distribution continue to evolve.
