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What Happened in Crypto This Week: ETFs, Dormant Whales, and Big Money Moves

  • Institutional investments in Ether and Bitcoin continued to rise at the start of the week.
  • Several significant ETF approvals and applications were announced, indicating a growing demand for integrated crypto investment products.
  • Regulatory developments included applications for banking licenses and the advancement of DLT strategies by major players in the crypto industry.
  • Notable events towards the end of the week included a large-scale crypto scam and the movement of a long-dormant Bitcoin wallet holding over $1 billion.

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