Ethereum ETF has had a net outflow for 9 consecutive days. Since the launch of Ethereum ETF, there have been only 8 days of positive inflow, and the other days have been negative inflows. There was a huge outflow in the first few days after the launch. The launch of Bitcoin and Ethereum ETFs is to ship to Grayscale. According to the current user churn rate of Grayscale, Grayscale will no longer exist after this round of bull market. In the future, the market will be controlled by BlackRock.
