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Institutional ETH Adoption Surges #ETH #Institutions #TheFlippening | Native Assets


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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 AssetsBy Sae'Von Springer