Bitwise Head Of Research: Sovereigns Selling Gold For Bitcoin

When Bitcoin fell from $125K to $60K, not one of the 15 major institutions Bitwise interviewed sold, and many bought more. Ryan Rasmussen, head of research at Bitwise, breaks down the firm’s first institutional crypto adoption report, covering pensions, endowments, foundations, and sovereign wealth funds, and why they treat Bitcoin alongside gold as a hedge against debasement.

Chapters:0:00 Ryan Rasmussen on Bitwise’s Institutional Crypto Adoption Report0:49 Why No Institutions Sold Bitcoin During the Bear Market1:45 Wells Fargo’s 2–3% Bitcoin Allocation and the Debasement Thesis3:45 Fidelity, BlackRock, and 2–8% Bitcoin Allocations4:50 How ETFs Made This Bitcoin…

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