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Why Are Institutional Investors Walking Away From Ethereum’s Products?

Why Are Institutional Investors Walking Away From Ethereum’s Products?


CoinGape
2024-05-20 22:50:37

Institutional investors have market outflows from Ethereum products ahead of the two incoming deadlines for spot ETF applications. Recent Coinshares data show continued outflow from Ethereum’s institutional products last week amid anticipation for spot Ethereum ETFs in the United States. Ethereum saw outflows of $23 million in the last seven days adding to $14 million The post Why Are Institutional Investors Walking Away From Ethereum’s Products? appeared first on CoinGape .


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