مجلة المنهل الاقتصادي
Volume 8, Numéro 2, Pages 1280-1297
2025-12-20
Authors : Hadj Moussa Nacima . Chikhi Khedidja . Nessah Imene .
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: Cryptocurrency, Sovereign Wealth Funds, Bitcoin, Blockchain
بوسالم أحلام
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عابد يوسف
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ص 117-132.
Yahia Zeghoudi
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pages 74-88.
Benamara Dalila
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pages 43-63.
حطاب موراد
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رقاني لالة فاطمة
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ص 134-154.
هاجر يحي
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ياسمينة ابراهيم سالم
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ص 96-115.