Over 11 Million Bitcoin Remain Unattributed Despite Wall Street Buying
More than 11.1 million Bitcoin (BTC), representing approximately 55% of all mined coins, cannot be linked to a known owner, according to an October ownership snapshot from Galaxy Research. The findings highlight how Bitcoin ownership remains difficult to identify despite growing institutional adoption, including spot exchange-traded funds (ETFs), corporate holdings, and professional custody services. TL;DR […]
Key Takeaways
- More than 11.1 million Bitcoin (BTC), representing approximately 55% of all mined coins, cannot be linked to a known owner, according to an October ownership snapshot from Galaxy Research.
- The findings highlight how Bitcoin ownership remains difficult to identify despite growing institutional adoption, including spot exchange-traded funds (ETFs), corporate holdings, and professional custody services.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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