Bitcoin funds see four-month peak
Bitcoin exchange-traded funds (ETFs) recorded their highest weekly inflows since April, attracting more than $850 million despite Bitcoin's price decline of about 50% from its peak in October. These flows are seen as an indicator of investors shifting from self-custody to reliance on regulated institutions, amid growing security concerns following the breach of Canadian "Cold Card" wallets and the theft of $130 million. This incident has boosted confidence in institutional funds that offer advanced security measures.
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