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Norway’s sovereign wealth fund lost $40B in Q1— Will it hedge risk by increasing Bitcoin exposure?

Coin Telegraph LogoCoin Telegraph22h ago

Norway’s sovereign wealth fund lost $40B in Q1— Will it hedge risk by increasing Bitcoin exposure? - Coin Telegraph

Quick Summary:

Related: China may shift from US Treasurys toward gold, crypto — BlackRock execThe fact that Mubadala Investments, one of Abu Dhabi’s sovereign wealth funds, held a $437 million stake in BlackRock’s iShares Bitcoin ETF (IBIT) helps build a case for such investment.

Norges Bank also indirectly owned 3,821 BTC through its stock market investments by the end of 2024, presenting a potential sell pressure risk to Bitcoin, especially when considering the socio-political uncertainty and the risk of an economic recession caused by the global trade war.

The bank’s indirect Bitcoin exposure via stocks reached $356 million, raising sell pressure risk amid a global trade war and recession concerns.

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Article Details

Author / Journalist: Cointelegraph by Marcel Pechman

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 00:15:00 (22 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 624 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28235827

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 29 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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  • URL: https://chronographically.beamstart.com/news/norways-sovereign-wealth-fund-lost-17457967644564

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