Investors Favor ETH Over BTC as Markets Rebound: CoinShares Report

Ethereum exchange-traded products emerged as the preferred choice for institutional investors as funds flowed back into crypto markets following the August 5 slump. According to CoinShares’ weekly Digital Asset Fund Flows report, published on August 12, crypto asset investment products saw inflows of $176 million for the week ending August 11.

https://cointelegraph.com/news/investors-flock-ether-products-over-btc-as-markets-recover-coinshares

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Institutional investors showed a strong preference for Ethereum exchange-traded products when they came back to the crypto market after a decline in early August. A CoinShares report reveals that crypto investment products saw $176 million in new investments during the week ending August 11th, with Ethereum products receiving the most of this money.