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Open original source ↗Sovereign Wealth Funds (SWF) are NOT smart money. They are giant pools of money managed by Gov't employees.
Might as well take your investment advice from Trump.
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The rolling 5-day SUM of IBIT flows (bottom) has not seen inflows since Oct 29 (Fed meeting!). SWF buyers offset. https://t.co/DeY9IwBJOO
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These are the quoted author’s words.
This is pretty interesting Larry Fink says Blackrock is seeing several sovereign wealth funds starting to accumulate BTC into the drawdown https://t.co/1ygZ5QqpqX
WClemente ↗