Crypto
Ethereum-Based Funds Hit $357M in Net Outflows YTD: Investors Prefer BTC
Institutional investors seem to be losing confidence in Ethereum this year as crypto market downturn continues.
BTC$62,100.00+1.74%
ETH$1,618.16+2.82%
USDT$0.9995+0.00%
USDC$0.99970.00%
XRP$1.13+2.70%
SOL$64.74+2.69%
TRX$0.3256+1.57%
FIGR_HELOC$1.03+0.46%
HYPE$59.71-0.03%
DOGE$0.0846+4.29%
USDS$0.9997+0.01%
LEO$9.53-0.95%
RAIN$0.0133+1.60%
XLM$0.2097+7.35%
ZEC$406.98+8.03%
BTC$62,100.00+1.74%
ETH$1,618.16+2.82%
USDT$0.9995+0.00%
USDC$0.99970.00%
XRP$1.13+2.70%
SOL$64.74+2.69%
TRX$0.3256+1.57%
FIGR_HELOC$1.03+0.46%
HYPE$59.71-0.03%
DOGE$0.0846+4.29%
USDS$0.9997+0.01%
LEO$9.53-0.95%
RAIN$0.0133+1.60%
XLM$0.2097+7.35%
ZEC$406.98+8.03%
The aggregated Open Interest of Ethereum options is currently more than that of Bitcoin, suggesting that the second-largest crypto is currently in the spotlight.
Institutional investors seem to be losing confidence in Ethereum this year as crypto market downturn continues.
Ethereum's transition to proof-of-stake could open the floodgates of institutional inflows.