Govts, companies own 8% of all Bitcoin worth $46 bn in the world
According to the report, Bitcoin ETFs hold about 816,000 BTC with a value of nearly $24 billion.
Additionally, three ETFs — Grayscale Bitcoin Trust (GBT), Coinshares/XBT provider, and Purpose Bitcoin ETF — dominate the space.
A Bitcoin ETF is an exchange-traded fund composed of bitcoin or assets related to Bitcoin’s price.
“GBT holds nearly 644,000 coins with a value of $18.9 billion, Coinshares/XBT provider follows in second place with 48,466 coins, and Purpose Bitcoin ETF has some 31,453 coins,” said Elizabeth Kerr, a financial content specialist.
Among the countries, Ukraine owns 45,351 Bitcoins. El-Salvador, Finland, and Georgia hold 9,500, 1,981, and 66 BTC, respectively.