🚀 **Ether ETFs Flip Positive Amid Grayscale Outflows!** 🚀

August 1 saw Ether (ETH) ETFs back in the green with a net inflow of $28.5M, thanks to BlackRock’s iShare Ethereum Trust (ETHA) leading the charge with $91.4M. Meanwhile, Grayscale’s Ethereum Trust (ETHE) faced $78M in outflows, pushing cumulative outflows past $2B since its spot ETF conversion on July 23.

Analysts predict the outflow slowdown could be a bullish sign for ETH prices. ETH currently trades at $3,168, down 8.5% since the ETF launch.

💬 What do you think? Will ETH bounce back? Drop your thoughts below! ⬇️