Standard Chartered Bank: Institutional funds have purchased about 3% of the total Bitcoin supply in 2024

2024-12-05 19:56:51

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ChainCatcher news, according to Reuters, Standard Chartered's Global Head of Digital Asset Research Geoff Kendrick stated that Bitcoin's breakthrough of $100,000 is mainly attributed to the institutional development of the industry this year, particularly the continuous inflow of ETF funds, with institutional capital having purchased about 3% of the total Bitcoin supply in 2024.

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