Right after Bitcoin ETFs started trading on January 11, the $BTC price fell almost 15% due to massive $GBTC outflows.

This negative flow streak by Grayscale peaked at $641 million on January 22, after which the outflows diminished, causing the Bitcoin price to reverse and surge 85% to $73,000 over the following month and a half.

Now, just after the launch of $ETH ETFs, Grayscale is selling again through its $ETHE. Will history repeat itself?

#ETFEthereum #EtheruemETF #Graysacle #ETHETFsApproved #ETF_ETH