The attention of institutional investors has shifted from (ETH), to the competing Layer 1 Blockchains. Altcoin products have seen capital inflows increase last week, while Ether products experienced outflows for a third consecutive week.

Data from CoinShares’ latest Digital Asset Fund Flows ReportThis shows that (ending April 22nd) investors have accumulated $3.5million worth (AVAX), (SOL), (LUNAAlgorand (ALGO() funds, while capital outflows from Ether product totaled $16.9 millions.