Bitwise: Institutions increase Bitcoin holdings as some sovereign funds sell gold

🚨 Major institutions held or bought more Bitcoin as its price dropped from $125,000 to $60,000.
💡 Major banks and asset managers, including Wells Fargo, Fidelity, and BlackRock, allocate 2–8% to Bitcoin.
📈 Weekly ETF inflows for $BTC reached as high as $2.5 billion, showing new institutional interest.
🔎 Sovereign wealth funds began selling gold to add Bitcoin for diversification and currency hedge.

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