๐จ Major institutions held or bought more Bitcoin as its price dropped from $125,000 to $60,000. ๐ก Major banks and asset managers, including Wells Fargo, Fidelity, and BlackRock, allocate 2โ8% to Bitcoin. ๐ Weekly ETF inflows for $BTC reached as high as $2.5 billion, showing new institutional interest. ๐ Sovereign wealth funds began selling gold to add Bitcoin for diversification and currency hedge. Continue Reading: Bitwise: Institutions increase Bitcoin holdings as some sovereign funds sell gold The post Bitwise: Institutions increase Bitcoin holdings as some sovereign funds sell gold appeared first on COINTURK NEWS .