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Bitcoin ETF inflows leave institutional demand unclear: CoinShares

CoinShares says strong inflows into spot Bitcoin ETFs are not, on their own, proof of institutional demand, since the products make it hard to distinguish retail investors from professional money managers. The report has prompted discussion among crypto investors about how much of the recent ETF buying truly comes from institutions, a question seen as key to judging the durability of the current rally.

Why now: New CoinShares research is questioning whether recent Bitcoin ETF inflows genuinely reflect institutional buying.

CoinSharesBitcoinBitcoin ETFs

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