Tag: Crypto Investment
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In October, institutional managers purchased $2B worth of Bitcoin.
In October, institutional interest in Bitcoin (BTC) products rose sharply, underscoring the flagship crypto’s renewed bullish sentiment. Inflows into cryptocurrency products totaled $288 million for the week ending Oct. 31, with Bitcoin accounting for $269 million, according to CoinShares’ weekly flows report. BTC institutional demand has been steadily increasing over the past few months amid…