Institutions added net 577K BTC in past year, says CryptoQuant CEO

Institutional demand for Bitcoin (BTC) remains strong, according to CryptoQuant CEO Ju Ki-young. In a post on X, Ju stated that institutional addresses have recorded a net inflow of approximately 577,000 BTC, valued at around $53 billion, over the past year. He added that this net inflow trend is ongoing. Ju explained that this metric is derived by tracking U.S. custody wallets, which typically hold between 100 and 1,000 BTC. These wallets serve as a proxy for institutional demand once addresses belonging to exchanges and miners are excluded. He also noted that holdings from spot Bitcoin ETFs are included in this calculation.