Institutional managers bought $2B worth of Bitcoin in October By Cointelegraph

Nov 2, 2021


© Reuters.

Institutional inflows into (BTC) merchandise picked up sharply in October, underscoring renewed bullish sentiment surrounding the flagship cryptocurrency.

Crypto funding merchandise noticed inflows totaling $288 million for the week ending Oct. 31, with Bitcoin accounting for $269 million, in keeping with CoinShares’ weekly flows report.