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Author: Admin | 2025-04-27
AssistantEfficiently manage your crypto portfolio and generate tax reports – perfect for the IRS.Crypto Exchanges With the Most BitcoinsCrypto exchanges are some of the companies holding the most Bitcoin, including:BinanceBinance is the leading crypto exchange worldwide by trading volume, and it holds the most Bitcoin. It is estimated that across several wallets, Binance holds over 643,000 coins valued at over $43.1 billion.CoinbaseCoinbase became the first crypto exchange to become a public company in the US, and it is the 4th largest public holder of Bitcoin. It is estimated to hold 9,480 coins (as an investment). Its public order book holds roughly 394,000 BTC.BitfinexBitfinex is one of the pioneers in the crypto trading industry and one of the biggest owners of Bitcoin, holding over 196,000 coins, currently valued at over $13.1 billion.Other exchanges that hold BitcoinBybitBybit is becoming one of the top crypto exchanges worldwide, with Bitcoin holdings estimated at 38,147 coins, currently valued at $2.56 billion, given current prices.FTXFTX was one of the biggest crypto exchanges until the scandal that led to its demise, but its crypto holdings are estimated at over $3.4 billion, including $560 million in Bitcoin.Indirect Bitcoin ExposureBitcoin ETFs became a popular investment vehicle in the US for investors looking for indirect Bitcoin exposure. In 2024, the US regulator, the SEC, approved the first Bitcoin spot ETF, with several firms launching these products, registering huge adoption rates from investors. Grayscale: Bitcoin Trust (GBTC)Grayscale had the largest Bitcoin Trust product before the approval of ETFs, which has now converted into a Bitcoin spot ETF, being the largest in Assets under Management (AuM) by a margin. Grayscale owns 315,931 coins, currently valued at over $21 billion.BlackRock: iShares Bitcoin Trust (IBIT)Since the US approved Bitcoin spot ETFs, many firms have launched these products, but the leader is BlackRock’s iShares Bitcoin Trust (IBIT), surpassing $200 billion in cumulative trading volume. As of April 11, BlackRock owns 269,313 coins, valued at over $18 billion, given current prices.Fidelity: Wise Origin Bitcoin Fund (FBTC)Fidelity has the third-largest Bitcoin ETF in the US, the Wise Origin Bitcoin Fund (FBTC). Fidelity owns 151,853 Bitcoin, currently valued at over $10 billion.The Best Crypto Tax Calculator!Calculate your crypto taxes with ease and generate meticulously optimized tax reports tailor-made for the IRS.What Country Owns the Most Bitcoin?BulgariaPrevious reports suggested that Bulgaria was the country holding the most amount of Bitcoin due to a seizure from criminal activity, but the
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