ETFs, governments and MicroStrategy own 31% of all BTC supply, says CryptoQuant CEO

Ki Young Ju, Chief Executive Officer (CEO) of blockchain analytics firm CryptoQuant, revealed via X that the total amount of Bitcoin (BTC) held by ETFs, governments and MicroStrategy currently accounts for 31% of all BTC supply. Notably, this is a remarkable increase compared to their BTC holdings in 2023 (14%).