Institutional Investors Are Ditching Ethereum in Favor of One of Its Biggest Rivals, According to CoinShares

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Institutional Investors Are Ditching Ethereum in Favor of One of Its Biggest Rivals, According to CoinShares

Published Tuesday 21 June 2022

A leading digital assets manager finds institutional investors are buying into Solana (SOL) over Ethereum (ETH) as markets tumble. In the latest Digital Asset Fund Flows Weekly report, CoinShares says Ethereum investment products have suffered over 10 weeks of consecutive outflows ahead of what’s known as “the merge,” which is Ethereum’s...

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