For the third quarter in a row, publicly traded companies are scooping up more Bitcoin (BTC) $BTC
than U.S.-based ETFs, continuing a powerful trend of corporate accumulation.
According to updated data from BitcoinTreasuries.net (via CNBC), public companies boosted their BTC reserves by 18% in Q2 2025 — adding around 131,000 BTC to their balance sheets. In comparison, ETFs expanded their holdings by just 8%, or roughly 111,000 $BTC .
Despite the slower pace, ETFs still hold the lion’s share of Bitcoin among institutional entities, sitting on over 1.4 million $BTC , which equals 6.8% of Bitcoin’s total 21 million supply.
This shift comes as corporations increasingly embrace BTC as a treasury asset — a trend that has only intensified since Q4 2024. Even amid market uncertainty in April 2025 — including volatility sparked by President Trump’s tariff policies — public companies grew their BTC reserves by 4%, outpacing the 2% ETF growth in the same period.
🔥 The message is clear: Corporate conviction in Bitcoin isn’t just growing — it’s accelerating.