📉 $ETH #EricBalchunas : Ethereum #ETF's Went Backward in First Month.. flows -$476m as the newbies couldn't cope with the Grayscale ETF (#ETHE ) outflow, too powerful a force (this is why I reiterated how heroic the New Nine bitcoin ones were).

But there is light at the end of the tunnel, and capital outflows from ETHE will decrease in the future.