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A new report by investment manager VanEck states that institutional investors have approximately $50 billion in Bitcoin currently in circulation. Although investors are waiting for approval for spot Bitcoin ETFs, these assets are distributed among exchange traded funds (ETFs), national, and listed and private companies

For most of this year, institutional cryptocurrency investors have been exiting the market, especially as a bear market has already formed. However, Ethereum suffered much greater losses in this regard than other assets, and the outflow of funds dragged down the decrease in total assets under management (AuM)