From Investing.com

April 24, 2025 10:00:00 AM:

Sovereign wealth funds are increasingly investing in Bitcoin as a long-term asset, according to a top executive at Coinbase. These funds are looking to hold onto Bitcoin for the long-term, believing in its potential as a store of value. This trend reflects growing institutional interest in cryptocurrency as a legitimate investment option.

Read more at Investing.com: Sovereign Wealth Funds Grabbing Bitcoin to Hold It: Coinbase Top Exec on CNBC