<ul><li>Bitcoin is approaching a new all-time high as daily over-the-counter (OTC) desk inflows hit their lowest level in 2024.</li><li>Bitcoin's performance in October has restored faith in the 'Uptober' narrative, with gains of over 13%.</li><li>OTC desks currently hold around 416,000 BTC, valued at approximately $30 billion, allowing spot exchange-traded funds (ETF) to buy BTC without affecting its spot price.</li><li>Daily OTC desk inflows have fallen to their lowest level in 2024, which could potentially push BTC to new highs.</li></ul>

Bitcoin Nears ATH As Daily OTC Desk Inflows Slip To 2024 Lows, Data Shows

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