Data: Publicly listed companies, governments, ETFs, and exchanges collectively hold 5.94 million bitcoins, accounting for 29.8% of the circulating supply

Glassnode's analysis states that the holdings of major Bitcoin holders are as follows: Public companies: approximately 1.07 million Bitcoins, government agencies: approximately 620,000 Bitcoins, US spot ETFs: approximately 1.31 million Bitcoins, exchanges: approximately 2.94 million Bitcoins. These institutions collectively hold about 5.94 million Bitcoins, accounting for approximately 29.8% of the circulating supply, highlighting the trend of increasing liquidity concentration among institutions and custodians.