According to Odaily Planet Daily, Steno Research analyst Mads Eberhardt released a research report predicting that the large outflow of Grayscale funds will end as early as mid-week, followed by a large amount of funds flowing into other ETFs, pushing Ethereum prices higher.

The report notes that this mirrors the pattern seen when the Bitcoin ETF launched in January: an initial drop followed by a significant increase in price and ETF net flows. History often provides a clear roadmap, and this time is no exception.