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

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…


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