At Least One Sovereign Wealth Fund Accumulating Spot Bitcoin Amid Price Decline on June 30

BTC-1.12%
According to MidChains CEO Basil Al Askari, on June 30, at least one sovereign wealth fund is accumulating spot Bitcoin during recent price declines, while another sovereign wealth fund may begin purchasing within the coming weeks. Askari noted that this move sends a clear signal to other institutional investors that may still be observing, positioning these large funds as leaders in the asset class.
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