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Bitwise Says Sovereign Wealth Funds Sold Gold to Buy Bitcoin (BTC) in Report Covering 15 Institutions

COINOTAG·September 30, 2026·1 min read
Bitwise Says Sovereign Wealth Funds Sold Gold to Buy Bitcoin (BTC) in Report Covering 15 Institutions

Bitwise's first institutional adoption report says none of 15 institutions sold Bitcoin in the $125K-to-$60K slide. Sovereign funds now sell gold to buy Bitcoin. The report covers 15 institutions, highlighting a shift in institutional allocation from gold to Bitcoin as a store of value.

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