10 million USD to ETH2.0, from Dubai

The IBC Group from dubai just purchased 10 million dollar worth of ether, in contribution with the Canadian CanETH custodian, for the proof of stake mining. The company sees the new Ethereum variant as very attractive for users and miners too.

Next to this, the sentiment of the wider community is not so clear, many people want to wait, and they didnt deposited their coins into the ETH2.0 genesis smart contract. But the Ethereum is still the second biggest player on the market cap list, and the favor platform for dapps. Not a coincidence, if the big money want to join.