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CryptoIntelligence 2024-07-28 01:10:59

Grayscale Ethereum Trust ETF Sees $1.5 Billion Outflow Amid Volatile Market Trends

Grayscale Ethereum Trust ETF Sees $1.5 Billion Outflow Amid Volatile Market Trends

Outflows from the Grayscale Ethereum Trust ETF (ETHE) have surpassed $1.5 billion, with a notable single-day net outflow of $356 million on July 26. This day marked significant volatility for spot Ether exchange-traded funds (ETFs), which experienced total net outflows of $163 million, according to SoSo Value. Since the launch of spot Ether ETFs in the United States on July 23, Grayscale’s Ethereum Trust ETF has seen substantial investor withdrawals totaling over $1.5 billion. In contrast, Grayscale’s Ethereum Mini Trust ETF (ETH) has experienced a different trend. On July 26, it recorded a net inflow of $44.9 million, bringing its

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