ANALYSIS: Grayscale's ETHE could run out in a few weeks
The grayscale-converted ETHE spot ethereum ETF saw significant net outflows in its first few days of trading - totaling $1.2 billion.ETHE's outflows have already outpaced net inflows into other spot ethereum ETFs, but at this rate it could run out of assets under management in a matter of weeks. Analysts say that until ETHE's net outflows subside, it will likely continue to exert selling pressure on Ethereum prices.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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