John D’Agostino, Head of Technique at Coinbase Institutional, revealed that sovereign wealth funds and institutional traders have turn out to be key drivers of bitcoin accumulation in April, contrasting with retail traders’ retreat from exchange-traded funds (ETFs). Institutional Demand and Sovereign Funds, Not Retail, Behind Bitcoin’s April Rally, D’Agostino Tells CNBC Sovereign wealth funds — state-owned funding swimming pools […]
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Sovereign Wealth Funds Wager on Bitcoin as Gold Different, Says Coinbase Institutional Strategist
