#Ethereum ETF Demand: A Tepid Start Despite Hype đŸ€”

Despite the buzz surrounding Ethereum ETFs, recent data paints a picture of lukewarm interest. The #market saw a net outflow of $13.1M, with Grayscale's ETHE leading the redemptions. This contrasts sharply with the robust demand observed for #Bitcoin ETFs, suggesting a softer appetite for ETH exposure via ETFs.

The lack of counterbalancing inflows across other #ETH ETFs underscores a market perhaps not as enthusiastic as anticipated. 🌊📉