According to a new report by VanEck, various ETFs, countries, and companies currently hold a total value of approximately $175 billion in Bitcoin, which accounts for about 15% of the total Bitcoin supply. VanEck stated in the report that institutional investors have also shown increased interest in Bitcoin, with hedge funds, asset management companies, and donation funds recognizing its potential as a store of value. The report detailed why Bitcoin is a reliable investment, noting that merchants and businesses are now more willing than ever to accept Bitcoin as a form of payment, and infrastructure is being developed to make it more convenient for ordinary people to use Bitcoin.
