Comment on US Ethereum ETFs see net outflows on second trading day

US Ethereum ETFs see net outflows on second trading day

On their second day of trading, United States-based spot Ethereum exchange-traded funds (ETFs) recorded net outflows of $113.3 million, according to data reported by Farside Investors. This negative trend was primarily driven by significant withdrawals from Grayscale’s Ethereum Trust. This follows the products being approved in late June, after a long fight by proponents.

 

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