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2021.06.01

Institutional Investor Demand for Ethereum Continues to Increase = Coin Shares

Institutional demand for Ethereum seems to continue to grow. Ethereum products account for more than a quarter of the assets under management (AUM) of cryptocurrency investment products. Institutional investors are taking advantage of the recent plunge, with $ 74 million in investment over the past week, according to CoinShares’ June 1 weekly report. 63% of institutional inflows, worth $ 46.8 million, went to Ethereum-related products. ETH products currently account for 27% of AUM, a cryptocurrency investment product, which is the highest share ever.

https://cointelegraph.com/news/institutional-investors-load-up-eth-with-its-share-of-aum-hitting-a-new-record

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