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BlackRock CEO: Some sovereign wealth funds increased their Bitcoin holdings during the recent Bitcoin price drop

2025.12.04 20:53:09

On December 4, BlackRock CEO Larry Fink said some sovereign wealth funds were buying Bitcoin amid its recent price drop. He added many such funds are monitoring the market—and as Bitcoin falls from its $126,000 peak to the $80,000 range, they’re “gradually” buying in. Fink noted these funds are “progressively” adding to their holdings to build long-term positions. Fink also warned the U.S. risks falling behind other countries if it doesn’t speed up investment in digitization and tokenization. He further predicted cryptocurrency-driven tokenization will see “tremendous growth” in the coming years.
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