Institutional Bitcoin Holdings Soar to 30% as Crypto Takes Center Stage

A new study by Gemini and Glassnode reveals a dramatic shift in the ownership landscape of Bitcoin, highlighting the increasing dominance of institutional entities and early adopters. The report reveals that institutions now control approximately 30.9% of Bitcoin’s circulating supply, representing over $668 billion at today’s prices. This surge marks a remarkable 924% increase in institutional holdings over the past decade. Experts attribute this trend to the growing recognition of Bitcoin as a strategic asset by large financial players. 📈