Grayscale ETHE ETF Bleeds $1.15 Billion In 3 Days As ETH ETF Ouflows Hit $152 Million On Day 3
The Grayscale Ethereum ETF (ETHE) has reported cumulative net outflows of $1.15 billion in the three days since its launch on July 23 as newly listed ETH ETFs overall recorded outflows of $152 million on July 25 , Data from SoSoValue shows that Grayscale’s ETF posted $346 million in outflows on its third day of trading, still below its record high of $484 million on July 23. 📊 Ethereum ETF Tracker | 2024-07-25 🟥 Daily Total Net Inflow -$152.30M 💰 Total Value Traded $955.85M 🏦 Total Net Assets $8.97B 📊 ETF Market Value Ratio 2.36% 🥇 Net Inflows/Outflows for Each ETF 🟩 ETHA +$70.93M 🟩 ETH +$58.09M 🟩 FETH +$34.32M 🟩 ETHW +$16.34M 🟩 ETHV… pic.twitter.com/VXeS5Sqz0Q — SoSoValue Research (@SoSoValue) July 26, 2024 Grayscale Ethereum Trust Investors Cash Out Grayscale’s 2.5% fee for ETHE ETF, converted into an ETF from the Grayscale Ethereum Trust, has seen investors turn to other issuers with significantly lower fees. This situation mirrors what happened with the Graysca