Abu Dhabi’s recent purchase of BlackRock’s Bitcoin ETF indicates a growing interest from sovereign wealth funds. Geoffrey Kendrick from Standard Chartered reports positive trends in Q4 institutional investment data, suggesting that more funds will participate as market conditions improve.

Kendrick expects a broadening of the investor base as Bitcoin becomes more appealing due to reduced volatility and better access. He highlights potential contributions from central banks and major pension funds, which could significantly enhance Bitcoin investments in the future.