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

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© Reuters.

Institutional traders are persevering with to pile into (BTC) regardless of costs pushing as much as a five-month excessive.

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