Report: Asset Managers Are Showing Increasing Interest in ETH

According to a survey conducted by CoinShares, Ethereum is currently viewed as having the most promising growth potential out of all major cryptocurrencies.

Approximately 44% of digital asset managers mentioned Ethereum as a top contender, surpassing Bitcoin with 39% and Solana with 7%.

This contradicts the data published by the company on the influx of funds into digital investment products, where Ethereum has been reported as the “most unpopular altcoin.”

Despite this, clients have withdrawn $125 million this year from funds that are based on the second largest cryptocurrency.

The recent launch of Ethereum-ETF futures resulted in no significant changes to this trend.

The survey also shows that managers have increased their exposure to Bitcoin and other altcoins since the previous survey, while reducing their positions in Ethereum and other assets outside of digital gold.