$BTC Almost one third of the Bitcoin supply is in the hands and controlled by centralized treasuries, and early adopters have a disproportionate share, according to recent research by Gemini and Glassnode.
Centralized treasuries, including governments, exchange-traded funds, and public companies, currently control 30.9% of the circulating Bitcoin supply, indicating a growing shift towards institutional-grade infrastructure,” the researchers noted in a report on Wednesday.
