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ETH, in particular, has fallen out of favor with institutional investors, earning the title of the “least loved digital asset amongst ETP investors this year,” as noted by CoinShares research head CoinShares' analysis revealed that Ethereum had $4.8 million in outflows in the past week alone. Among exchange-traded product (ETP) investors, Ethereum is the most sold over this year According to data from CoinShares, ETH experienced outflows amounting to $4.8 million over the past week, contributing to a total of $108 million in sales for the year. James Butterfill, Head of Institution crypto investors have been pulling out of the market for the better part of this year, especially as the bear market has taken hold. However, Ethereum has suffered way more than

Ethereum Institutional Investors Fade: $108 Million in Outflows Signal Weakening Interest

Institutional investors are cooling on Ethereum (ETH), with significant outflows indicating a shift in sentiment. Data reveals a growing trend of institutional investors pulling back from ETH, contributing to a substantial $108 million in outflows this year.

According to data from CoinShares, ETH experienced outflows amounting to $4.8 million over the past week, contributing to a total of $108 million in sales for the year. James Butterfill, Head of Institution investors have been pulling out of the market for the better part of this year, especially as the bear market has taken hold. However, Ethereum has suffered way more than other cryptocurrencies.

CoinShares' analysis revealed that Ethereum had $4.8 million in outflows in the past week alone. This trend paints a concerning picture for Ethereum's institutional adoption. ETH, in particular, has fallen out of favor with institutional investors, earning the title of the “least loved digital asset amongst ETP investors this year,” as noted by CoinShares research head.

Among exchange-traded product (ETP) investors, Ethereum is the most sold over this year, highlighting a clear preference for other digital assets. The continued outflows suggest that institutional investors may be seeking alternative investment opportunities within the cryptocurrency space.

The long-term implications of this trend remain to be seen, but the $108 million in Ethereum outflows serve as a stark reminder of the volatile nature of the cryptocurrency market and the ever-changing preferences of institutional investors. Will ETH regain its favor, or will institutional capital continue to flow elsewhere?

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