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Day October 24, 2023

The Institutional Demand for Bitcoin: What Spot ETF Approval Could Mean for the Market

Bitcoin’s price movements have started to reflect its increasing scarcity, and recent data underscores the trend. A significant portion of Bitcoin’s available supply is being held by long-term investors, indicating a bullish outlook for the cryptocurrency. Since mid-2021, long-term Bitcoin holders have ramped up their exposure to the asset, holding…

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