The second trading day for Ethereum spot ETFs was quite different from the first. 🚀 While 106 million dollars were entered on the first day, 133 million dollars were withdrawn on the second day. This dropped the ETH price by 10% and dropped to $3,130.
While Grayscale's ETHE product experienced an outflow of $326.9 million, only Fidelity's FETH product saw an inflow of $74.5 million. The price of ETH is currently below $3,200 and is down 8%. 📉