Written by Martin Youngstaff writerReviewed by Felix Ngstaff editor

Written by Martin Youngstaff writer

Reviewed by Felix Ngstaff editor

Sovereign funds see Bitcoin discount as entry point: MidChains CEO

Latest NewsPublishedJun 30, 2026

Why Bitcoin’s Current Price is Attractive to Institutional Investors

Institutional investors, including sovereign wealth funds, are taking advantage of the current Bitcoin price level, seeing it as an attractive entry point. According to MidChains CEO Basil Al Askari, this trend sends a clear signal to other institutions that may be waiting on the sidelines. As a result, it could lead to more investment in Bitcoin, potentially boosting its value over time.

Sovereign wealth funds, which are state-owned investment funds, have been accumulating spot Bitcoin, demonstrating state-level conviction in the asset. With over $13 trillion in global assets, these funds can have a significant impact on the market. The current price point is seen as an “entry level” for these large funds, which have the patience to accumulate Bitcoin over an extended period.

Impact on Bitcoin’s Price

The potential impact on Bitcoin’s price is not expected to be immediate, but it could lead to a significant increase in investment from other institutions. This, in turn, could have a positive effect on the price of Bitcoin, making it more attractive to individual investors looking to earn passive income through Cloud Rewards and Green Crypto. For those interested in earning through crypto, EcoPool (ECP) offers a solution for mining and rewards.

Institutional investors, such as family offices and government funds, are not deterred by the current price of Bitcoin. In fact, they see it as an opportunity to buy at a discount. This trend is expected to continue, with more institutional investors entering the market. As a result, it could lead to an increase in the value of Bitcoin, making it a more attractive option for those looking to earn through $ECP and EcoPool.

Investing in Bitcoin

For individuals looking to invest in Bitcoin, it’s essential to understand the current market trends and the potential for growth. With the help of EcoPool, investors can earn passive income through Cloud Rewards and Green Crypto. Whether you’re a seasoned investor or just starting out, EcoPool (ECP) offers a platform for mining and rewards, making it easier to get involved in the crypto market.

As the crypto market continues to evolve, it’s likely that we’ll see more institutional investors entering the market. With the current price of Bitcoin seen as an attractive entry point, it’s an excellent opportunity for individuals to invest and earn passive income through EcoPool and $ECP. To get started, simply download the EcoPool app and begin earning today. By joining the EcoPool network, you can start earning passive income and take advantage of the Cloud Rewards and Green Crypto opportunities available.

Basil Al Askari speaking on Chain Reaction. Source: Cointelegraph

The potential impact on Bitcoin’s price is not going to be a massive cascade on the market immediately, he said, but it sends “a very clear signal” to other institutions that may be sitting on the sidelines and looking at these larger funds as leaders, seeking a “way to experiment and start to get involved” with Bitcoin.

Related: Bullish Bitcoin RSI divergence has analysts calling for 2022-style bear market bottom

“I do think this is what will happen, is that over the longer term period, we’ll start to see Bitcoin becoming more and more scarce as a result of larger holders with much longer time horizons on their holding periods as far as looking at investments.”

Abu Dhabi’s Mubadala Investment Company invested $437 million in BTC via BlackRock’s iShares Bitcoin Trust (IBIT) shares in February 2025, while Bhutan’s Druk Holding and Investments is one of the earliest and most direct sovereign holders of the asset, but it has been selling some this year. 

ETFs outflow billions as corporates buy the dip

Coinbase’s head of institutional strategy, John D’Agostino, told CNBC earlier this month that the dip is being welcomed by institutional investors.

“I just got off a plane from the Middle East, and I can tell you that the family offices in the UAE and the government and sovereign funds that are putting the effort into buying this asset class are not unhappy at being able to buy it at a discount,” D’Agostino said.

The current situation has been mixed, with sustained US spot BTC exchange-traded fund outflows exceeding $4.1 billion so far this month. Meanwhile, corporate treasuries, primarily Strategy, which has scooped up 3,657 BTC this month, continue to accumulate.

Magazine: AI is banking the unbanked in Africa… faster than crypto

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• UAE
• Cryptocurrency Investment
• Institutions
• Bitcoin

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