📉 #CryptoNews: On the second day of trading, Ether (ETH) ETFs in the US recorded a net outflow of $113.3M, mainly due to Grayscale's Ethereum Trust (ETHE) being sold off strongly.

🔥 7/8 new ETFs still have net inflows, led by Fidelity's Ethereum Fund (FETH) with $74.5M and Bitwise Ethereum ETF (BITW) with $29.6M.

📉 BlackRock’s iShares Ethereum Trust (ETHA) attracted only $17.4M on July 24, down from the previous day.

🚨 Grayscale ETHE, after converting to a spot Ether fund, saw an outflow of $811M in 2 days, equivalent to more than 9% of the fund's assets.

📊 ETH is currently trading at $3,172, down 6.8% in the past 24 hours and 7.4% on the week.

📉 The S&P 500 also closed down 2.3%, affecting the price of ETH.

🤔 What do you think about this situation? Comment below! 👇#Ethereum#Crypto #Blockchain