The King of DeFi is alive and a proof of that is that ETH takes the highest institutional AUM share as Institutional Investors bag more. Who understands the DeFi space and until other challenges come along the way, they invest in Ethereum and emerging PoS model!
Last week had a record of major institutional inflows worth $74 million as institutional investors take advantage of the recent major drop in many crypto assets. Institutional demand for Ethereum increases with more than 63% inflow recorded for Ether products which is equivalent to $46.8 million out of the total Institutional inflows. Ethereum takes the highest share of Institutional Investment with up 27% of the total assets under management.