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Bitcoin's Quiet Changing of the Guard: Sovereigns Are Buying While Hedge Funds Walk Away
While the market argues about Bitcoin's price — near $80,000 after a choppy October — something more structural has been happening underneath it. The people who own Bitcoin through ETFs are changing. Fast money is leaving, patient money is arriving, and that handoff may matter more for the next cycle than any single day's flow number.### The handoff in numbersReporting on ETF...
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