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ETH represented 80% of last week's institutional crypto inflows

Published 02/08/2021, 10:16 PM
Updated 02/09/2021, 12:00 AM
ETH represented 80% of last week's institutional crypto inflows
ETH/USD
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Crypto asset manager CoinShares has reported that investment inflows into institutional cryptocurrency funds surged last week, and the majority of it was Ethereum.

The report states that of the $245 million crypto inflow last week, 80% of it or $195 million was invested into Ether products ahead of the launch of the Chicago Mercantile Exchange Ethereum futures contracts on Feb. 8.

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