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As BTC struggles to regain its ATH amidst the furry of FUD, institutional investors have been opting for ETH instead. It could be the promise of the energy savings from ETH 2.0s P.O.S consensus mechanism, or perhaps its the utility and adoption that appeals to the "Smart Money". Whatever the case, the number of ETH investment products now represent more than 25% of digital AUM within institutional portfolios, according to Coinshare's June 1 Digital Asset Fund Flows Weekly report. The report cites that of the $74 million flowing into crypto products for institutions, $46.8 million flowed into ETH products. ETH has already surpassed BTC in transaction count, volumes, fees and trade volume. What's left but price and market cap?
Sources
https://cointelegraph.com/news/institutional-investors-load-up-eth-with-its-share-of-aum-hitting-a-new-record
https://coinshares.com/research/digital-asset-fund-flows
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Native Assets is a blockchain firm specializing in educational seminars, detailed research, indusutry analysis & corporate advising. Our mission? To empower you with the knowledge & insights to navigate + flourish in the new digital era - the blockchain era.
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By Sae'Von SpringerAs BTC struggles to regain its ATH amidst the furry of FUD, institutional investors have been opting for ETH instead. It could be the promise of the energy savings from ETH 2.0s P.O.S consensus mechanism, or perhaps its the utility and adoption that appeals to the "Smart Money". Whatever the case, the number of ETH investment products now represent more than 25% of digital AUM within institutional portfolios, according to Coinshare's June 1 Digital Asset Fund Flows Weekly report. The report cites that of the $74 million flowing into crypto products for institutions, $46.8 million flowed into ETH products. ETH has already surpassed BTC in transaction count, volumes, fees and trade volume. What's left but price and market cap?
Sources
https://cointelegraph.com/news/institutional-investors-load-up-eth-with-its-share-of-aum-hitting-a-new-record
https://coinshares.com/research/digital-asset-fund-flows
---
Native Assets is a blockchain firm specializing in educational seminars, detailed research, indusutry analysis & corporate advising. Our mission? To empower you with the knowledge & insights to navigate + flourish in the new digital era - the blockchain era.
---
Become A Student https://www.nativeassets.co/foundatations
Join Our Private Network https://www.nativeassets.co/privatenetwork
Connect With Us https://www.linkedin.com/company/nativeassets/
Become An Affiliate https://www.nativeassets.co/Affiliate
For More Visit https://www.nativeassets.co/