📊This chart in yellow shows the growth in the amount of ETH underlying the iShares Ethereum Trust ETF under the ticker ETHA from BlackRock. As you can see, product development is happening very quickly, while capital is being diligently withdrawn from the Grayscale fund.📉

In general, the situation clearly resembles what happened with Bitcoin ETFs in the USA at the beginning of the year.#BTC #ETH #BNB #Ethereum $ETH