[MidChains CEO: Sovereign Funds View Bitcoin Discount as an Entry Opportunity] According to Cointelegraph, MidChains CEO Basil Al Askari stated that sovereign wealth funds are accumulating spot Bitcoin, indicating that the current price levels have become attractive to institutional investors. Al Askari confirmed that at least one sovereign wealth fund has already been accumulating Bitcoin, with a second fund possibly joining in the coming weeks. Global sovereign wealth funds collectively control over $13 trillion in assets, and Al Askari described the current low price levels as a 'window of opportunity for large funds to enter.'