Institutional managers hold a record $72.3B of crypto — CoinShares By

Institutional inflows into cryptocurrency products rose last week, as investment managers increased their exposure to (BTC) and leading altcoins, according to the latest CoinShares report.

Total assets held by institutional managers reached $72.3 billion for the week ending Sunday, Oct. 17, the highest level on record. By comparison, institutional crypto holdings were worth $57 billion in March and reached $71.6 billion in May.