🚀 Heads up, crypto enthusiasts! Grayscale's upcoming Ether

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🚀 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

🚀 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