Investors flock to ETH products over BTC as markets recover: CoinShares

Ethereum funds also lead Bitcoin ETPs on monthly performance with $150 million in inflows so far this month.

Buy physical gold and silver online

Ethereum exchange-traded products were the top choice for institutional investors as money returned to crypto funds following the Aug. 5 market slump. 

In its weekly Digital Asset Fund Flows report published on Aug. 12, asset manager CoinShares revealed that crypto asset investment products saw inflows totaling $176 million for the week ending Aug. 11.

It found that Ether (ETH) funds benefited the most from the market correction, attracting $155 million in inflows last week, or around 88% of the total. Ether funds also led on monthly performance with $150 million in inflows so far this month.

Read more

About the author

Why invest in physical gold and silver?
文 » A