For perspective, 83% of all the Bitcoin that will ever exist has already been supplied in just 12 years since its inception . By the early 2030s 97% of Bitcoin would already exist, while the last 3% will come into existence across 110 years until 2140.
Read moreDoes Bitcoin really have a future?
Citi noted that Bitcoin’s future is still very uncertain, but that it’s on the cusp of mainstream acceptance . The institutional investor interest is driving broad interest in the cryptocurrency, but issues over custody, security, and capital efficiency are still headwinds for the digital asset, noted Citi.
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