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CoinTurk News 2026-09-29 21:53:23

Bitwise: Institutions increase Bitcoin holdings as some sovereign funds sell gold

๐Ÿšจ Major institutions held or bought more Bitcoin as its price dropped from $125,000 to $60,000. ๐Ÿ’ก Major banks and asset managers, including Wells Fargo, Fidelity, and BlackRock, allocate 2โ€“8% to Bitcoin. ๐Ÿ“ˆ Weekly ETF inflows for $BTC reached as high as $2.5 billion, showing new institutional interest. ๐Ÿ”Ž 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 .

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