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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Rain075 on May 04, 2021, 11:39:39 PM

Title: Institutional managers hold a record $13.9B worth of Ethereum
Post by: Rain075 on May 04, 2021, 11:39:39 PM
Institutional investment managers bought $30.2 million worth of Ethereum (ETH) last week, bringing their total holdings to a record $13.9 billion, according to CoinShares.

Inflows into Ethereum products appears to be ramping up as investors devote greater attention and resources to the smart-contract platform. Month-to-date inflows for ETH products totaled $170 million, bringing the yearly total to $824 million. Managers now hold a combined $13.9 billion worth of ETH.source (https://cryptonews.net/611074/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)