Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink

The CEO of the asset management giant, whose IBIT is the largest of the spot BTC ETFs, said the state actors were buying not for a trade, but to hold for years.

BlackRock CEO Larry Fink said sovereign wealth funds have been steadily accumulating bitcoin, including buying as the price tumbled below $BTC 90000

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