15% of bitcoins are held in the wallets of governments, companies and ETFs

VanEck estimated that these holders have a total of $175 billion, while the total capitalization of BTC is $1,125 billion.

The largest share is held by companies related to Bitcoin ETFs — $74.5 billion. The second place is the state — $40.7 billion. The United States holds the most — more than $12 billion.

The wallets of private and public companies account for $37.8 billion and $22.3 billion in BTC, respectively. $BTC