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Institutional bulls back Bitcoin after weeks of altcoin accumulation By Cointelegraph

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© Reuters.

Institutional investors are pivoting back to digital gold with (BTC) investment products posting a third consecutive week of inflows.

According to CoinShares’ latest Digital Asset Fund Flows Weekly report, BTC investment products generated $68.7 million worth of inflows between Sept. 27 and Oct. 1, representing a 36% increase in exposure week-over-week.