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coinpedia 2024-07-26 18:44:14

Grayscale’s Ethereum ETF Loses $1.15B in The First Three Days of ETF Trading

The post Grayscale’s Ethereum ETF Loses $1.15B in The First Three Days of ETF Trading appeared first on Coinpedia Fintech News The start of US spot Ethereum exchange traded funds has been quite strange. After the SEC approval, 8 out of 9 ETFs began trading on Tuesday. While one ETF saw heavy inflows, Grayscale’s converted fund, ETHE, experienced significant outflows. Let’s find out why Grayscale, a management firm, is facing such outflows. The launch of ETH …

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