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Ethereum Merge Attracts Institutional Investors: Report

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Published on Aug 10, 2022 Ethereum Merge Attracts Institutional Investors: ReportThe timing of the Merge has been the bone of contention for the Ethereum ecosystem. Developers expect it around September 19, even as the timeline is not concrete. But, with the details before the final testing phase of the event revealed, derivative trades have flipped bullish.
CoinShares Head of Research James Butterfill, for one, believes there has been a change in investor sentiment. In the latest edition of Digital Asset Fund Flows Weekly Report, the exec credited the “turn-around” in investor sentiment to “greater clarity” on the timing of the Merge.
Greater Clarity
The report highlighted that institutional investors are...


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