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Coinbase Institutional Strategy Director John D’Agostino stated that the recent sharp correction in Bitcoin prices has not weakened institutional investors' confidence, as family offices and sovereign wealth funds continue to increase their holdings. He said that so far, there is no evidence of significant leverage risk or large-scale liquidation pressure among major institutional Bitcoin holders. D’Agostino pointed out that although Bitcoin has fallen about 50% from its 2025 high, the size of Bitcoin ETF holdings remains around $100 billion, with retail fund outflows being relatively limited. (The Block)