BlackRock's top boss Larry Fink recently spilled the beans at a DealBook event—some sovereign wealth funds started building positions in Bitcoin in batches after it pulled back from $126,000. If the price drops to around $80,000? They're buying even more aggressively.
Speaking of sovereign funds, the largest one right now is Norway's pension fund, which will be managing $1.8 trillion by 2025. As early as last August, they announced plans for every Norwegian to have some crypto allocation. Now it seems they weren't just talking.
At the summit in New York, Fink made it clear: "Those getting in now are serious long-term players." He added, "Many sovereign funds were gradually adding at $120k, $100k, and at the $80k level? I know they're buying even more."
Meanwhile, Trump pulled off another major move—he wants to open stock accounts for kids under 10, with the government directly funding them. But the money can only be used to buy index products like the S&P 500 or Nasdaq 100, and can't be touched before age 18.
In a way, this move really highlights the gap in financial education and asset allocation approaches between different countries.
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HorizonHunter
· 12-05 23:17
Sovereign funds quietly bought the dip at 80,000, while ordinary people are still worrying about whether the price will fall... The gap is truly astonishing.
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Deconstructionist
· 12-05 05:51
Sovereign funds are accumulating chips, while we retail investors are still guessing whether altcoins can double... The gap is really huge.
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DefiEngineerJack
· 12-05 05:50
actually™ if we're being empirically rigorous here, sovereign fund accumulation at 80k is just noise compared to what real institutional adoption looks like... but sure, let's pretend macro cycles still matter when we have formal verification
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SchroedingerMiner
· 12-05 05:49
Sovereign wealth funds are quietly buying in at the bottom while we're still hesitating about whether to get in—the gap is real.
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DegenRecoveryGroup
· 12-05 05:48
Sovereign funds are aggressively accumulating at low levels—this is the real signal, while retail investors are still hesitating over price fluctuations.
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AirdropChaser
· 12-05 05:39
This move by the sovereign fund is really bold—daring to increase their position even after dropping from 120,000 to 80,000. This is what institutions are supposed to be like.
Don't pop the champagne just yet.
BlackRock's top boss Larry Fink recently spilled the beans at a DealBook event—some sovereign wealth funds started building positions in Bitcoin in batches after it pulled back from $126,000. If the price drops to around $80,000? They're buying even more aggressively.
Speaking of sovereign funds, the largest one right now is Norway's pension fund, which will be managing $1.8 trillion by 2025. As early as last August, they announced plans for every Norwegian to have some crypto allocation. Now it seems they weren't just talking.
At the summit in New York, Fink made it clear: "Those getting in now are serious long-term players." He added, "Many sovereign funds were gradually adding at $120k, $100k, and at the $80k level? I know they're buying even more."
Meanwhile, Trump pulled off another major move—he wants to open stock accounts for kids under 10, with the government directly funding them. But the money can only be used to buy index products like the S&P 500 or Nasdaq 100, and can't be touched before age 18.
In a way, this move really highlights the gap in financial education and asset allocation approaches between different countries.