$BTC Bitcoin’s supply by custody setup
Out of the 21 million bitcoin that will ever exist, only 4.4% is still left to be mined. Every halving means less and less new BTC enters the market until it eventually gets close to zero.
Even crazier, around 7.7% of the entire supply is estimated to be lost forever. That’s 1.62 million BTC, worth over $100 billion.
Another interesting split:
36.1% is held on exchanges and with custodians
37.9% is in active self-custody
Pretty much an even split.
Then you have the institutions. Funds, ETFs and treasury companies now hold 12.2% of all BTC.
This is the part that changed the most over the last few years. Go back a few years and institutional ownership looked completely different.
Personally I think this has been one of the biggest drivers behind Bitcoin’s move from the 2022 lows to all-time highs.
More institutional demand plus less and less new supply. Pretty simple math. The future looks bright.
Out of the 21 million bitcoin that will ever exist, only 4.4% is still left to be mined. Every halving means less and less new BTC enters the market until it eventually gets close to zero.
Even crazier, around 7.7% of the entire supply is estimated to be lost forever. That’s 1.62 million BTC, worth over $100 billion.
Another interesting split:
36.1% is held on exchanges and with custodians
37.9% is in active self-custody
Pretty much an even split.
Then you have the institutions. Funds, ETFs and treasury companies now hold 12.2% of all BTC.
This is the part that changed the most over the last few years. Go back a few years and institutional ownership looked completely different.
Personally I think this has been one of the biggest drivers behind Bitcoin’s move from the 2022 lows to all-time highs.
More institutional demand plus less and less new supply. Pretty simple math. The future looks bright.