CandleFocus

Bitcoin edges at $100K while retail investors still hold the reins

Bitcoin is currently trading at $99,340.23 and is approaching the $100K mark. Retail investors hold 88.07% of all Bitcoin in circulation, disproving claims that institutional investors are dominating ownership. BlackRock's BTC ETF options saw $1.9 billion in notional value traded on its debut, indicating growing institutional interest. BTC ownership is distributed among various entities, with companies like Coinbase holding significant amounts for their clients. Governments hold around 2.5% of BTC, and funds and ETFs account for 5.2%. BTC remains volatile, but retail investors play a vital role during price surges. Despite the introduction of financial products, BTC continues to align with its decentralized and democratized vision.

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