According to TechFlow, Haseeb Qureshi, managing partner of Dragonfly, posted on the X platform that the Ethereum spot ETF opened with strong trading volume, but the ETH price did not change significantly. It is speculated that this is because Grayscale's ETHE is mainly being sold, offsetting the first day's capital inflow.
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Dragonfly Managing Partner: ETH price has not moved because Grayscale ETHE outflows offset the inflows of other ETFs
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