Grayscale Ethereum Trust saw a net outflow of $484 million on its first day
According to monitoring by HODL15 Capital, Grayscale is also replicating the large-scale outflow of funds from ETH. On the first day, Grayscale Ethereum Trust had a outflow of 484 million US dollars (close to 5% of AUM), with a small amount (15 million US dollars) flowing back to the low management fee Grayscale Ethereum Mini Trust.
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.
You may also like
Trump-backed World Liberty Financial taps Chainlink to drive mass DeFi adoption
ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains
Shiba Inu Community Pushes Token Toward $0,001
Can You Turn $500 Into $500 With These Cryptocurrencies?