📉 On the second day of trading, Ether ETFs experienced a net outflow of $113.3 million, primarily due to massive selling of the Grayscale Ethereum Trust (ETHE).

- Seven of the eight new Ether ETFs saw net inflows, led by Fidelity with $74.5 million and Bitwise with $29.6 million.

- BlackRock iShares Ethereum Trust raised $17.4 million.

ETHE, which recently converted to a spot fund, lost $811 million in two days, more than 9% of its assets.