Analysts at Standard Chartered said that sovereign wealth funds and central banks are increasing their investments in Strategy shares as an indirect form of BTC ownership. This is especially true in countries where direct custody of crypto assets is prohibited.
Who bought in Q1:
- Norwegian State Fund
- Swiss National Bank
- South Korean Foundations
- Pension funds in California, New York, North. Carolinas, Kentucky
- France and Saudi Arabia entered for the first time
Combined, these institutions added positions equivalent to 1700 BTC
Inflows into spot ETFs turned out to be "disappointing", according to analysts
On the other hand, the growing interest in Strategy is a "reliable indicator of institutional demand"
Standard Chartered Prediction:
BTC could reach $500,000 by the end of 2028
Fidelity:
Bitcoin is becoming a modern analogue of gold — a hedge against inflation and a store of value
