Bitcoin Adoption Soars as Institutional Investment Hits $1B in 2023
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Bitcoin institutional investment products see over $1B in new inflows in 2023.
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Crypto exchange-traded products (ETPs) have seen assets under management (AUM) nearly double year-to-date.
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Bitcoin saw $240M in inflows last week, pushing 2023 inflows to over $1B.
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With the Bitcoin halving approaching, BTC supply being stored is outpacing supply mined by 2.4x.
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Bitcoin wallet growth suggests increasing adoption by both large and small entities.