On August 13th, Grayscale Investments announced that its Ethereum ETF (ETHE) had achieved its first zero outflow since its launch, marking the end of a 13-day streak of net outflows since ETHE was introduced. This pivotal change holds significant historical importance for the Ethereum community and the cryptocurrency market. Notably, since the listing of ETHE, the cumulative loss in Ether value is nearly $2.3 billion, indicating a complex sentiment among the market regarding the value and potential of Ethereum. In contrast, Grayscale’s Bitcoin spot ETF (GBTC) experienced a period of nearly four months before it saw no outflow, further highlighting Ethereum’s unique development trajectory. The underlying reasons for this phenomenon could include investors' growing demand for the growth of the Ethereum network, the development of the DeFi ecosystem, and expectations for the Ethereum 2.0 upgrade, among other factors. Facing this change, market analysts generally view it as not only reflecting Ethereum's status as a key representative of blockchain technology but also signaling a positive outlook on Ethereum's future potential.