مجلة المنهل الاقتصادي
Volume 8, Numéro 2, Pages 1280-1297
2025-12-20

Sovereign Wealth Funds In The Face Of Cryptocurrencies Strategic Diversification Or Risk-taking

Authors : Hadj Moussa Nacima . Chikhi Khedidja . Nessah Imene .

Abstract

Abstract: This study aims to analyze the position of sovereign wealth funds in the face of the expansion of cryptocurrency prices. Based on their investment strategy, it was observed that these funds manage the financial reserves of States. In recent years, Bitcoin has become a means of diversifying their portfolios in order to protect against the erosion of the value of fiat currencies. On the one hand, the creation of an American sovereign wealth fund marks a change in strategy in terms of capital management, and on the other hand, the launch of Bitcoin Spot ETFs in January (2024) represented a turning point, attracting more than 102 billion dollars in assets under Blockchain management as of February 24, 2025, and allowing sovereign wealth funds to obtain direct exposure to Bitcoin. This leads us to conclude that Bitcoin is no longer merely a speculative asset, it is becoming a key component of sovereign wealth funds’ investment strategies by (2030).

Keywords

Keywords: Cryptocurrency, Sovereign Wealth Funds, Bitcoin, Blockchain