🚨 BREAKING: BlackRock CEO Larry Fink Confirms Sovereign Wealth Funds Are Buying Bitcoin

Larry Fink just dropped a massive bombshell regarding institutional Bitcoin adoption.

Speaking at the DealBook Summit, the BlackRock CEO revealed that Sovereign Wealth Funds are no longer just watching from the sidelines—they are actively accumulating.

Fink stated that these massive state-owned funds are "adding incrementally" at price levels of $80,000, $100,000, and even $120,000.

He described Bitcoin as an "asset of fear", a hedge investors are fleeing to amidst concerns over government debasement, financial instability, and geopolitical chaos.

According to Fink,

"You own Bitcoin because you're frightened of your financial security."

This confirms what many have suspected: The biggest pools of capital in the world are securing their positions.

The race for digital gold is officially on.

What is a Sovereign Wealth Fund?

A Sovereign Wealth Fund (SWF) is essentially a state-owned investment fund.

Think of it as a massive savings account for a country, but instead of just sitting in a bank, the money is invested in assets like stocks, bonds, real estate, and now, according to Larry Fink, Bitcoin.

These funds are managed by the government to benefit the country's economy and its citizens.

Where does the money come from?

SWFs are usually funded by money the country earns from:

• Natural Resources: Profits from oil, gas, or minerals (e.g., Norway, Saudi Arabia, Kuwait).
• Trade Surpluses: When a country exports significantly more than it imports, it has extra foreign currency reserves (e.g., China, Singapore).

Why do they exist?

• Stabilization: To cushion the economy against price shocks (like if oil prices suddenly crash).
• Future Generations: To grow wealth so that when natural resources run out, the country still has a massive safety net (this is Norway's main goal).
• Strategic Development: To invest in projects that help the country develop new industries.

Why is it a big deal for Bitcoin?

These are the "whales of whales."

They manage trillions of dollars.

• Norway's Fund (Government Pension Fund Global) alone holds over $1.7 Trillion.
• China Investment Corp holds roughly $1.3 Trillion.
• Abu Dhabi Investment Authority holds nearly $1 Trillion.

If Larry Fink is right and these funds are allocating even a tiny percentage (like 0.1% or 1%) to Bitcoin, it represents billions of dollars in buying pressure that is typically long-term (they don't day trade; they hold for decades).

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