Institutional investors increase their crypto holdings for 5th straight week By Cointelegraph
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Institutional investors increase their crypto holdings for 5th straight week Cryptocurrency assets held by institutional managers rose for a fifth consecutive week, a sign that market participants had once again flipped bullish on (BTC) and the leading altcoins.
According to CoinShares, investment flows in crypto products reached $42 million for the week ended Sept. 19. Bitcoin funds saw inflows in excess of $15 million. That’s only the third time in 16 weeks that BTC investment products saw positive inflows.
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