Centralised institutions now hold 30% of bitcoin’s supply
With 30.9% of the available supply of the first cryptocurrency parked in centralised treasuries, the market has undergone a structural shift towards institutional maturity, according to a report by Gemini and Glassnode. Bitcoin holdings by treasury type. Data: Glassnode, Gemini. “As adoption has broadened, particularly among sovereign and regulated financial organisations, annualised realised volatility across […]