Get access to our best features
Get access to our best features
Published 2 years ago

Institutions flocking to Ethereum for 7 straight weeks as Merge nears: Report By Cointelegraph

Summary by Ground News
Institutional investors are piling into Ether-based digital asset funds, which have recorded seven straight weeks of positive inflows, according to the latest CoinShares report.CoinShares Head of Research James Butterfill on Aug. 8 said the rise in market sentiment for Ether-focused products is largely due to the upcoming Merge, which is set for Sep. 19. The Merge will see the Ethereum Mainnet merge with the Ethereum 2.0 Beacon Chain, which will complete the transition from proof-of-work (POW) to a proof- of-stake (POS) consensus mechanism.

0 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
Ground News Article Assistant
Not enough coverage to generate an Article Assistant.

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics