How about comparing with #GLD ?
Discussion
Don’t have the latest data, but this could give you an idea.
#GLD is the biggest ..rest are small .. it is amazing how fast bitcoin ETFs have caught up with GLD. ...
which means #bitcoin ( as a percentage of total cap) is driven by US ETFs .. good or bad ? Gold is way more evenly distributed across ETFs , nation states and private ownership.. which makes it less volatile..