Changpeng Zhao (CZ), the founder of Binance, has confirmed that multiple wealth funds in Abu Dhabi, as well as other global sovereign wealth funds, are likely in the process of accumulating Bitcoin. This development signals a growing trend of investment in Bitcoin, contributing to a sense of global market enthusiasm, often referred to as 'FOMO' (fear of missing out) among investors. The confirmation from CZ comes amid increasing interest in cryptocurrency investments from institutional players.