John D’Agostino, Head of Technique at Coinbase Institutional, revealed that sovereign wealth funds and institutional traders have turn into 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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