At night the market began to pour. Let's figure out why this happened.

There were great chances for growth, but we see that Grayscale continues its dirty play and drains assets at the start of ETF trading. Yes, they created an Ethereum Mini Trust with zero commission for the first 6 months, there was a chance and hope that they would transfer assets from the trust with a high commission to this trust where there is no commission.

But we are seeing sales again. They are selling their cue balls and most likely this will continue for some time. 

By the numbers: ETH outflow of $133 million. And Grayscale drained almost $327 million, the rest of the funds managed to raise a total of $193.7 million.

The second reason for the fall is that Mt.Gox scatters its cue balls. And so we see how the symbiosis of two factors contributed. Now we can only wait for Grayscale to merge all its ethers, as it did with Bitcoin.



$ETH

$BTC

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