Join Coinweb $400 REVIEW CONTESTJoin Coinweb $400 CONTESTJoin the CRYPTO HERO MEGA QUEST to earn from a $200K PRIZE POOL!EARN FROM $200K PRIZE POOL!
Kawin Rungsimuntakul1M

Grayscale Ethereum Trust ($ETHE) saw a net outflow of $484 million on its first day.

On the first day, Grayscale Ethereum Trust saw a outflow of 484 million USD (close to 5% of AUM), with a small amount (15 million USD) flowing back to the low management fee Grayscale Ethereum Trust Mini.

TL;DR (provided by Blockonomi)

  • Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading.
  • BlackRock’s Ethereum ETF (ETHA) led with $265 million in inflows.
  • The total trading volume for Ethereum ETFs on day one was $1 billion.
  • Grayscale’s ETF has a high expense ratio of 2.5%, while competitors offer lower fees.
  • The Ethereum price remained stable around $3,450 during the ETF launches.

Please monitor your positions carefully, and only invest with what you can afford to lose 😆 TNFA

https://cryptobriefing.com/grayscale-ethereum-etf-outflows-first-day/

https://blockonomi.com/484-million-outflow-from-grayscales-ethereum-trust-on-etf-launch-day/ Show Less

 3
Copy Link
Share to X.com
2024 Cyrator - Crypto Research Community
StatsDocs
Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. Cyrator does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. Cyrator is not liable for any actions taken, financial or otherwise, based on information or links from this website.