{"id":621967,"date":"2026-06-30T04:52:50","date_gmt":"2026-06-30T04:52:50","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/06\/30\/sovereign-funds-see-bitcoin-discount-as-entry-point-midchains-ceo\/"},"modified":"2026-06-30T04:52:50","modified_gmt":"2026-06-30T04:52:50","slug":"sovereign-funds-see-bitcoin-discount-as-entry-point-midchains-ceo","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/06\/30\/sovereign-funds-see-bitcoin-discount-as-entry-point-midchains-ceo\/","title":{"rendered":"Sovereign funds see Bitcoin discount as entry point: MidChains CEO"},"content":{"rendered":"

\"Sovereign<\/p>\n

It sends \u201ca very clear signal\u201d to other institutions that may be sitting on the sidelines and looking at these larger funds as leaders, said MidChains CEO Basil Al Askari.\n<\/p>\n

Sovereign wealth funds have been accumulating spot Bitcoin, a sign that Bitcoin\u2019s current price level is becoming attractive to institutional investors, according to MidChains CEO Basil Al Askari.<\/p>\n

While there has been a slowdown in retail crypto market participation, the opposite is being seen on the institutional and corporate side, Basil Al Askari said<\/span><\/a> on Cointelegraph\u2019s \u201cChain Reaction\u201d podcast on Monday.\u00a0<\/p>\n

\u201cI would be able to confirm that one, at least one, and possibly in the coming weeks, two sovereign wealth funds have been accumulating spot Bitcoin specifically,\u201d he said.\u00a0<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

It sends \u201ca very clear signal\u201d to other institutions that may be sitting on the sidelines and looking at these larger funds as leaders, said MidChains CEO Basil Al Askari. Sovereign wealth funds have been accumulating spot Bitcoin, a sign that Bitcoin\u2019s current price level is becoming attractive to institutional investors, according to MidChains CEO […]<\/p>\n","protected":false},"author":1,"featured_media":621968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-621967","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/621967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=621967"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/621967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/621968"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=621967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=621967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=621967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}