Funds offering exposure to Ethereum have been growing at a faster rate than Bitcoin counterparts, underscoring newfound demand for the asset, according to CoinShares Head of Research James Butterfill.

Over the past 12 weeks, Ethereum-linked funds’ assets under management have grown 19.5% to $19.6 billion, he wrote in a report on Monday. The AUM of Bitcoin-linked funds’ has meanwhile increased 9.8% to $176 billion over the same period, he added.

“People are preferring Ethereum over Bitcoin,” Butterfill told Decrypt. “Although the number is

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Author: André Beganski

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