The Grayscale Ethereum Trust Continues 11-Day Net Outflow, Holdings Drop to 1.96 Million ETH
Publication Time:2024-08-07 14:01:06
According to data from the Grayscale official website, since ETHE was listed on July 23rd, the product has seen significant net outflows and currently holds 1.96 million ETH. At its peak during the early listing period, ETHE held 2.63 million ETH, followed by a rapid net outflow. Although the rate of net outflows has slowed down recently, the amount of daily outflow yesterday was still $39.7 million, much lower than the scale of daily outflows exceeding $1 billion in the first week after listing. As continuous net outflows occur, ETHE's holdings have decreased from an initial 2.63 million ETH to the current 1.96 million, reflecting a change in market sentiment towards investing in Ethereum.
ETF
Ethereum
ETHE
Grayscale
holdings
Net Outflow