🚀 Heads up, crypto enthusiasts! Grayscale's upcoming Ether ETF could see an average daily outflow of $110M, following the trend set by its Bitcoin Trust. But don't fret, this could be a game-changer for ETH. 🎢

- Grayscale's Bitcoin Trust saw a 23% outflow in its first month, amounting to $6.5B.

- If the Ether Trust follows suit, we could see daily outflows of $110M, which is 30% of ETH's daily volume on Coinbase.

- But, there's a silver lining. The SEC's approval of spot Ether ETFs suggests they view the asset as a commodity, not a security. This could have major positive implications for similar tokens in the U.S.

So, what are your thoughts? Will this shift the market sentiment towards ETH? Let's discuss below! 👇 #DeFi #EtherETF #CryptoNews