Report: Institutions purchased 859,000 Bitcoins in 2024, equivalent to eight years of BTC issuance
Bitget2024/12/20 01:26
According to a report by K33 Research, institutional participants purchased 859,454 Bitcoins (BTC) in 2024, equivalent to eight years of BTC issuance and accounting for 4.3% of its total circulating supply. Most of these were purchased by Exchange Traded Funds (ETFs) and listed companies such as MicroStrategy.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
IoTeX launches AI Agent: BinoAI
Bitget•2024/12/20 06:44
The U.S. SEC approves Hashdex's launch of Nasdaq Bitcoin and Ethereum Crypto Index ETF
Bitget•2024/12/19 23:48
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$92,456.55
-9.72%
Ethereum
ETH
$3,148.04
-14.97%
Tether USDt
USDT
$0.9987
-0.08%
XRP
XRP
$2.02
-16.14%
BNB
BNB
$626.43
-11.01%
Solana
SOL
$179.82
-14.59%
USDC
USDC
$1
+0.01%
Dogecoin
DOGE
$0.2739
-25.25%
Cardano
ADA
$0.7746
-21.23%
TRON
TRX
$0.2288
-13.87%
Bitget pre-market
Buy or sell coins before they are listed, including ME, TOMA, OGC, USUAL, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now