VanEck says about $175 billion in Bitcoin held by ETFs, nations and companies

“Bitcoin interest among institutional investors has also increased. Hedge funds, asset management firms, and endowments are increasingly recognizing Bitcoin’s potential as a store of value,” VanEck said in the report.

Approximately $175 billion worth of Bitcoin are now held by ETFs, countries, public and private companies. That accounts for roughly 15% of the entire Bitcoin supply.