Attention crypto enthusiasts! 🌟

On August 1, US Ether (ETH) ETFs recorded a net inflow of $28.5 million, led by $91.4 million into BlackRock's iShare Ethereum Trust (ETHA). Despite this, the Grayscale Ethereum Trust (ETHE) saw outflows of $78 million, accumulating over $2 billion in withdrawals since its conversion to an ETF.

Analysts predict that the slowdown in these outflows could be a turning point for the price of ETH. What do you think? Leave us your comment!