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Institutional crypto products eye record AUM as investors pile into Bitcoin By Cointelegraph

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© Reuters.

Institutional buyers are persevering with to pile into regardless of costs pushing as much as a five-month excessive.

In line with CoinShares’ Oct. 12 Digital Asset Fund Flows Weekly report, greater than $226 million in capital flowed to institutional Bitcoin (BTC) merchandise this previous week. Bitcoin merchandise dominated inflows for the third consecutive week, posting a week-over-week improve of 227%.