BlackRock CEO Larry Fink Reveals Insider Bitcoin Information! "During the Recent Drop, Several Sovereign Wealth Funds…"

Source: CryptoNewsNet Original Title: BlackRock CEO Larry Fink Reveals Insider Bitcoin Information! “During the Recent Drop, Several Sovereign Wealth Funds…” Original Link: https://cryptonews.net/news/bitcoin/32087627/ The recovery following sharp fluctuations in the Bitcoin (BTC) market has brought the strategies of institutional investors back to the agenda.

Bitcoin, posting its best day of the week, rose 10% to above $93,000, as investors focused on the Fed’s potential policy reversal in December. With Bitcoin’s market value approaching $2 trillion again, expectations for its future point to significant volatility in 2026.

One of the most critical statements to emerge in this atmosphere came from Larry Fink, CEO of BlackRock, the world’s largest asset manager. Fink stated that the tokenization of crypto-based assets will experience “extraordinary growth” in the coming years, while confirming that sovereign wealth funds are viewing the recent decline in Bitcoin’s price as a buying opportunity.

“There are a few sovereign funds waiting,” Fink said, noting that these funds gradually bought Bitcoin after its price fell from $126,000. “They bought more at $80,000. They’re building a longer-term position. This isn’t a trade; you’re holding it for a purpose. However, the market is leveraged, and therefore volatility will increase,” he said. He also noted that the two major price shocks since October reflect these structural risks.

In recent months, it was announced that Abu Dhabi and Luxembourg sovereign wealth funds had acquired shares in BlackRock’s IBIT Bitcoin fund, a sign of growing institutional appetite for Bitcoin at the state level.