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ANALYSIS: Grayscale's ETHE could run out in a few weeks

ANALYSIS: Grayscale's ETHE could run out in a few weeks

Bitget2024/07/26 12:45

The grayscale-converted ETHE spot ethereum ETF saw significant net outflows in its first few days of trading - totaling $1.2 billion.ETHE's outflows have already outpaced net inflows into other spot ethereum ETFs, but at this rate it could run out of assets under management in a matter of weeks. Analysts say that until ETHE's net outflows subside, it will likely continue to exert selling pressure on Ethereum prices.

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