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Crypto firms stay cautious despite rising inflows: ‘It’s too early to say if the bull market is back’

Weekly inflows into crypto investment products hit an 11-month high last week, but funds aren't counting their winnings just yet

BlackRock's bitcoin ETF plans have got institutional investors excited
BlackRock's bitcoin ETF plans have got institutional investors excited Photo: Michael Nagle/Getty Images

Crypto investors don't think the market is back to full strength, despite rising inflows and institutional interest.

The sector's market value rose earlier this month after BlackRock, the world’s largest asset manager, filed an application with the US Securities and Exchange Commission to launch a bitcoin ETF.

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