Follow up on Ethereum ETF data #以太坊ETF数据
On Monday, July 29, Ethereum ETF had a net outflow of $98.3 million, of which Grayscale's ETHE had an outflow of $210 million, and a total outflow of $1.723 billion
The largest inflow is still BlackRock's ETHA, which had an inflow of $58.2 million yesterday
Grayscale's selling pressure is still very large, and there is no sign of weakening at present. Other ETFs have limited inflows and are currently unable to make up for Grayscale's outflows.
However, the market performance is not that bad. Although it was affected by the collapse of Bitcoin last night, Ethereum's performance is strong enough, and the difference can be seen from the exchange rate performance.
The amount of Grayscale's selling has reached 1/3 of the total amount I expected it to sell. I don't know whether the selling force will be gradually weakened in the future. If the force can be slowed down, Ethereum will have the opportunity to go out of the independent strong market in the future! $ETH