According to HODL15 Capital's monitoring data, the Grayscale Ethereum Trust experienced significant outflows on its launch day, amounting to approximately $484 million, which nearly constituted 5% of its total asset under management. During this flow of funds, a small portion, roughly $15 million, chose to return to the less expensive Grayscale Ethereum Microtrust product. This phenomenon reflects market participants' reassessment of their investment strategies for Ethereum and their preference for cost-effective investment options.