Institutional Flows To Ethereum Exceed Bitcoin For The First Time: Report

According to a report from CoinShares, the month of May marked the first time that there has ever been more investment product trading volume in Ethereum (CRYPTO: ETH) than Bitcoin (CRYPTO: BTC).

What Happened: The report revealed that last week’s outflows were solely from Bitcoin investment products which accounted for $98 million in assets under management.

While the $98 million represented just 0.2% of digital assets under management across…


Source link

About bitcoin

Check Also

Finder’s Ethereum Price Predictions Report

Finder’s Ethereum Price Predictions Report

Ether (ETH) could break US$2,400 in 2023, before ending the year at $2,184 …

Leave a Reply

Your email address will not be published. Required fields are marked *