Individuals Still Hold the Majority of Bitcoin Supply

New data reveals that individual investors still hold the majority of Bitcoin supply, accounting for roughly two-thirds of all Bitcoins. This is in contrast to earlier speculation about institutional adoption and corporate buy-ins.

A recent study analyzed public wallet data and found that institutions control only a small share of Bitcoin, with 7.8% held by businesses and 7.2% in funds and ETFs. In comparison, individuals hold 66% of the supply.

This disparity has implications for market sentiment and volatility. Retail investors are often more prone to emotional trading during periods of uncertainty, but this data suggests that they may be building resilience through their holding patterns.