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Dec 28

CoinGecko: 3.8% of digital gold issuance is concentrated in Bitcoin funds

According to data from CoinGecko, approximately 3.8% of the total Bitcoin supply is held within Bitcoin funds, including various exchange-traded funds (ETFs) and the Grayscale Bitcoin Trust, accounting for a cumulative total of 793,034 BTC, which is equivalent to approximately $34 billion. Grayscale Bitcoin Trust alone represents 3% of this share, holding 622,657 BTC. Notably, the Grayscale Bitcoin Trust, traded over-the-counter (OTC), stands as the largest holder of Bitcoin. Comparatively, M...
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