[BlackRock CEO: Some Sovereign Wealth Funds Increased Bitcoin Holdings During Recent Bitcoin Price Drop] BlockBeats News, December 4th, BlackRock CEO Larry Fink stated that during the recent decline in Bitcoin prices, some sovereign wealth funds have been purchasing Bitcoin. He added that many sovereign wealth funds are observing the market, and as Bitcoin's price dropped from its peak of $126,000, they are 'gradually' buying Bitcoin. Larry Fink mentioned that these funds are making 'incremental' purchases and increased their holdings when Bitcoin's price fell to the $80,000 range, aiming to establish long-term positions. Larry Fink stated that if the United States does not accelerate its investments in digitization and tokenization, it risks falling behind other countries. Additionally, Larry Fink predicted that cryptocurrency-driven tokenization will experience 'tremendous growth' in the coming years.