Cryptocurrency News

Institutional investor sentiment about ETH improves as Merge approaches

07/13/2022

Less than a minute

2022.07.13 18:40

Institutional investor sentiment about ETH improves as Merge approaches

Ethereum prices may have dipped again today, but there are signs that professional investors are warming to the asset as the highly anticipated Merge draws closer.

In its digital asset fund flows weekly report, fund manager CoinShares reported that Ethereum-based products saw inflows for the third consecutive week. There was an inflow of $7.6 million for institutional Ethereum funds, whereas those for Bitcoin continued to outflow with a loss of $1.7 million.

07/13/2022

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