<ul><li>Institutional players bought 859,454 Bitcoins (BTC) in 2024, equivalent to eight years of BTC issuance and 4.3% of its total circulating supply.</li><li>Spot exchange-traded funds (ETFs) and public-listed companies like MicroStrategy were the major buyers of Bitcoin.</li><li>US-traded spot Bitcoin ETFs played a significant role, with over 1.4 million BTC now managed by these funds.</li><li>The institutional demand for Bitcoin is expected to remain strong, limiting future sell-side pressure and potentially leading to more institutional and sovereign Bitcoin adoption.</li></ul>

Institutions absorb 8 years’ worth of Bitcoin issuance in 2024

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