Institutional Investors Favor Bitcoin: CoinShare
#CoinShares, a prominent institutional
#crypto fund manager, recently reported a noticeable shift in institutional investors' interests in Bitcoin. Over the past week, the total inflows into crypto investment products amounted to $124.7 million.
This substantial inflow halted the previous trend of outflows, which had continued uninterrupted for nine weeks. Remarkably, Bitcoin alone accounted for 98% of all the inflows into digital assets. However,
#Ethereum-based products experienced significantly less traction, attracting a mere $2.7 million. Geographically, Germany was the leader in inflows. On the other hand, investors from the United States displayed a higher level of caution.
Source - https://www.coingabbar.com/en/crypto-shorts-news/institutional-investors-favor-bitcoin