Part 2/11:
Frink points out that corporations like the Harvard endowment have significantly increased their holdings of Bitcoin-related ETFs, marking a departure from retail-centric narratives. These institutions are not trading Bitcoin for quick gains; instead, they see it as a store of value and a collateral asset.
He notes that entities such as sovereign wealth funds are buying incrementally at various price levels—sometimes at $120, sometimes at $100, or even in the $80s—indicating their strategy to accumulate over the long term. The underlying philosophy is clear: own Bitcoin for years, not days, establishing positions that will appreciate substantially as demand from these large players intensifies.