BlackRock: Sovereign Funds Boost Bitcoin Buying Amid Price Dip

Coinpedia
2025-12-04 13:45
Follow
BlackRock CEO Larry Fink revealed that a number of unnamed sovereign funds have been steadily adding to their Bitcoin holdings. He said these funds increased their buying as Bitcoin pulled back from its $126,000 peak, picking up even more once the price slipped into the $80,000 range. Fink noted that their approach is gradual and focused on long-term accumulation. His comments show that major institutional players are using market dips as opportunities to grow their Bitcoin exposure.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Follow HKWDB official accounts to stay updated
Views 632
HKWDB reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。

No comments yet. Be the first!

Mark Zuckerberg joins Miami's 'billionaire fortress', a glimpse of his real estate empireAccording to Fortune, Mark Zuckerberg, the CEO of Meta with a net worth of $222 billion, is reportedly recently purchased a mansion worth $170 million on Indian Creek Island in Florida alongside his wife, Dr. Priscilla Chan. The mansion is located near the residence that Jeff Bezos, the founder of Amazon, is building. The report also outlines Zuckerberg's property holdings in Palo Alto, Kauai Island in Hawaii, Lake Tahoe, and Washington D.C.
Fortune
·2026-10-31 23:52:42
23
Cointelegraph
·2026-10-31 23:52:40
22
From restaurant guides to payments, TikTok is creating a super appTechCrunch reports that TikTok is gradually integrating functions such as e-commerce, payment, dining and map information, hotel and attraction reservations, sports content, music, micro-dramas, and games into a single platform, in an attempt to reduce the need for users to switch between different apps and to develop towards a "super app" model.
TechCrunch
·2026-10-31 23:52:39
21
Bitcoin Marks Its 18th Anniversary: Satoshi Nakamoto's White Paper Anniversary Becomes a Milestone in the Crypto IndustryThe release of the Bitcoin white paper marks its 18th anniversary. On October 31, 2008, Satoshi Nakamoto published a nine-page white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," proposing the concept of electronic value transfer without the need for traditional financial intermediaries. Coinbase, Tether, Uphold, and Michael Saylor among others, posted articles on platform X to commemorate this occasion. According to CoinMarketCap data, Bitcoin is currently trading at $77,310, with a total market value of about 1.55 trillion dollars.
U.Today
·2026-10-31 23:52:37
22
CFTC Chairman Says Binance Hacker Attack Indicates That Offshore Exchanges Need US RegulationMichael Selliger, chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the $6.4 billion hack incident at Binance “precisely demonstrates” the necessity of the crypto market regulations proposed by the agency this month. He described the attack as being more likely caused by a vulnerability introduced through a laptop rather than a flaw in the blockchain itself; however, Binance later indicated that the investigation had uncovered “more entry points” for the attack.
Decrypt
·2026-10-31 23:10:23
32View More