Institutional adoption of Bitcoin is accelerating: In Q4 2024, spot Bitcoin ETF holdings tripled to $38.7B, with over 1,000 funds now exposed. Institutional and ETF holdings top $128B, corporate treasuries add $73B, and sovereign states—including the US, China, and the UK—hold over $130B (mainly seized assets). Institutions now control about 8% of Bitcoin’s total supply, underscoring its status as a mainstream asset
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