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Cryptocurrency News

Institutional ETH sentiment turns positive after 11 weeks of outflows

07/26/2022

Less than a minute

2022.07.26 18:54

Institutional sentiment toward Ether (ETH) appears to have shifted into positive gear, with digital investment products offering exposure to the asset having posted four consecutive weeks of inflows, according to CoinShares.

Prior to this, ETH investment products had been on a lengthy 11-week run of outflows that saw the total year-to-date (YTD) outflows hit as high as $458 million in mid-June.