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Institutional bulls back Bitcoin after weeks of altcoin accumulation By Cointelegraph

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© Reuters.

The third consecutive week inflows have seen institutional investors return to digital gold as (BTC) investment products posted a record-breaking 32% increase.

According to CoinShares’ latest Digital Asset Fund Flows Weekly ReportBTC investments products contributed $68.7million in inflows to the economy between Sept. 27, and Oct. 1, a 36% increase week-overweek.