TechFlow reported on December 20 that according to a recent report by K33 Research, institutional investors purchased a total of 859,454 bitcoins in 2024, accounting for approximately 4.3% of the total circulating supply—equivalent to eight years of Bitcoin issuance. Among them, spot ETF funds accumulated 561,781 bitcoins, with the total assets under management (AUM) of U.S. ETFs now reaching 1.4 million bitcoins. BlackRock's IBIT holds the largest amount at 542,653 bitcoins, valued at around $54 billion.
On the corporate front, publicly listed companies added 297,673 bitcoins in 2024, with MicroStrategy acquiring nearly 250,000 bitcoins through active financing strategies, bringing its total holdings to 439,000 bitcoins. The report noted that although approximately 230,000 bitcoins came from bankruptcies and seized assets this year—including Mt. Gox and the German government—institutional demand effectively absorbed the selling pressure. Currently, about 22% of the circulating supply is available for trading in the market, nearing the peak levels seen in 2021.
