Ethereum Investment Products See $300M Inflows as Institutional Momentum Builds 📈
Ethereum (ETH) dominated the crypto investment scene last week, raking in close to $300 million in inflows, as reported by CoinShares. This trend marks the seventh consecutive week of strong demand for ETH products, summing monthly inflows to approximately $296 million, and taking the year-to-date figure to over $1.7 billion.
In contrast, Bitcoin (BTC) experienced an outflow of $56 million during the same period, and other altcoins like XRP and Cardano faced minimal action or declines. This shift highlights a significant change in investor sentiment, with Ethereum becoming the preferred asset amid growing institutional interest.
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