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Evolution Magazine

Finance

GrayScale states Investors increasing interest in Ethereum!

While bitcoin still manages to grab attention because of its record highs, its compatriot Ethereum is continuing to expand beyond the software programming crowd.

The institutional-grade investment platform, Grayscale has been affirming a new wave of interest for its Ethereum fund since this year. As Sonneshein explained, bitcoin grabbed several investor’s attention and as usual, remained its record-high. Ether came I at the second rank.

There has been a growing demand for cryptocurrency recently, and one factor pushing up the interest in Ethereum is the boom in the decentralized finance (Defi) market, as stated by McGlone, Bloomberg’s intelligence strategist.

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