Despite Bitcoin's 50% collapse from its all-time high, Coinbase's head of institutional strategy says sovereign wealth funds, family offices, and major institutions are aggressively buying the dip.
Bitcoin has stayed resilient through recent market turbulence as institutional investors and long-term holders continue accumulating, signaling a maturing market and strengthening its long-term outlook.
Global bitcoin exchange-traded products (ETPs) and publicly traded companies have collectively acquired 944,330 BTC — already surpassing the total amount purchased in all of 2024.
Onramp, founded by ex-Google executive Michael Tanguna, introduces a multisignature custody solution partnering with BitGo, CoinCover, and Tetra Trust to secure billions in Bitcoin assets amid growing institutional demand.