There are rumors of some russian politician saying that Putin is considering buying Bitcoin reserves. I believe this has been happening for years now. While they FUD the are buying OTC bigly. Approving Futures was a way to manipulate the price downwards and keep the price down. Once they've shrunk the OTC market, they will pump it to ATH, and keep repeating the cycle as they accumulate. They understand they cannot kill Bitcoin, only become bigger players.