$BTC
Bitcoin: A Safe Haven for Sovereign Funds
Bitcoin is experiencing a rise in popularity among sovereign funds, perceived as a protection against inflation and economic uncertainty. John D'Agostino of Coinbase Institutional emphasizes that this trend reflects Bitcoin's status as "digital gold." Despite the withdrawal of individual investors, institutions continue to accumulate BTC, reinforcing its appeal as a safe-haven asset. Countries like El Salvador and Bhutan have integrated Bitcoin into their national reserves, demonstrating its growing adoption. Bitcoin's characteristics, such as its scarcity and immutability, are highlighted as major assets, and this dynamic could support its future growth in the face of persistent economic and political tensions.