BlackRock's CEO said that some sovereign wealth funds are quietly buying their Bitcoin ETF in phases at price levels of 120K, 100K, and even 80K. He stated that they are building long-term positions and emphasized that Bitcoin should be held for many years rather than traded short-term.
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BlackRock's CEO said that some sovereign wealth funds are quietly buying their Bitcoin ETF in phases at price levels of 120K, 100K, and even 80K. He stated that they are building long-term positions and emphasized that Bitcoin should be held for many years rather than traded short-term.
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