CoinVoice has learned that CryptoQuant founder Ki Young Ju stated, "Institutional demand for Bitcoin remains strong. Custodial wallets in the US typically hold 100–1,000 BTC each. Excluding exchange and miner addresses, this metric can serve as a rough indicator of institutional demand, with ETF holdings also included. Over the past year, institutions have added a total of 577,000 BTC (approximately $53 billion), and funds continue to flow in."
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CoinVoice has learned that CryptoQuant founder Ki Young Ju stated, "Institutional demand for Bitcoin remains strong. Custodial wallets in the US typically hold 100–1,000 BTC each. Excluding exchange and miner addresses, this metric can serve as a rough indicator of institutional demand, with ETF holdings also included. Over the past year, institutions have added a total of 577,000 BTC (approximately $53 billion), and funds continue to flow in."