#EthereumEFT #ETH🔥🔥🔥🔥 #ETH大涨

Let's take a look at the actual data after the launch of ETH ETF:

In the three days since its launch, the original Grayscale Trust ETHE has accumulated an outflow of 1.16 billion US dollars, and other ETFs have accumulated an inflow of 976 million US dollars, with a total outflow of 178 million US dollars. This is also the reason for the recent ETH plunge.

Grayscale's ETHE has been mentioned in previous articles. Due to the high management fee of 2.5%, both early price difference arbitrageurs and funds that want to switch to cheaper management fees will choose to exit ETHE. This part of the selling pressure will take time to gradually digest. At present, there are still 7 billion funds that have not been withdrawn. Judging from the inflow of other ETFs, it is temporarily slightly less than the selling caused by the withdrawal of Grayscale ETFE.

Continue to observe the selling of ETHE. When the funds withdrawn are less than the funds inflow, the market can basically stabilize.