Institutional Investors Control Nearly 20% of Bitcoin Supply

Bitcoin is undergoing a structural transformation, with institutional investors increasingly dominating its ownership. By mid-2025, institutional holdings are projected to reach between 17% and nearly 31% of the total supply.

Institutional Bitcoin Holdings Near 20% Of Supply

Key statistics include:

  • Institutions collectively hold more than 3.642 million BTC, representing approximately 17.344% of the total supply, valued at around $428 billion.
  • ETFs lead with over 1.49 million BTC, while public companies (e.g., Strategy and Tesla) account for 935,498 BTC.
  • Strategy has accumulated 628,946 BTC, about 3% of the total circulating supply.
  • Private companies own 426,237 BTC, worth $50.17 billion, and BTC mining firms hold 109,808 BTC.
  • DeFi protocols control 267,236 BTC, totaling 1.273% of the circulating supply.

Reports suggest centralized entities may control up to 30.9% of circulating Bitcoin, equating to over 6.1 million BTC, marking a 924% increase in institutional control compared to a decade ago.

Shift Towards Institutional Dominance

As Bitcoin becomes less affordable for retail traders, it increasingly serves large Wall Street institutions. Notably, the US government established a Strategic Bitcoin Reserve in March 2025, accumulating seized digital assets. Other countries, including El Salvador and Bhutan, are also increasing their Bitcoin holdings.

This trend could potentially stabilize Bitcoin's price volatility but raises concerns about the concentration of ownership undermining decentralization. At the time of writing, Bitcoin was trading at $117,460.