Sovereign funds are increasing their positions in Bitcoin against the trend, optimistic about its long-term value
Larry Fink, CEO of BlackRock, revealed that sovereign funds from Abu Dhabi, Luxembourg, and other places are increasing their positions in Bitcoin, continuously buying as its price fell from $126,000 to the $80,000 range. Some sovereign funds have publicly purchased BlackRock's Bitcoin ETF, demonstrating recognition of its status as 'digital gold.' Institutions generally believe that after regulatory clarity, Bitcoin's safe-haven attributes will be strengthened, and short-term fluctuations will not affect its long-term allocation value. #加密市场反弹 ,#加密市场观察


