**News Flash: Grayscale's Ethereum Trust Faces Major Outflows**

Grayscale's Ethereum Trust (ETHE) saw a significant single-day net outflow of $31.01 million, marking a return to negative flows after a brief pause. This brings the historical net outflow of ETHE to a staggering $2.327 billion.

- **Brief Pause:** On Aug. 12, ETHE had its first day without any outflows, breaking a streak of daily withdrawals.

- **Market Dynamics:** Despite ETHE's negative flow, Ethereum spot ETFs overall saw positive movement, with a net inflow of $24.3412 million on Aug. 13.

- **Competitors:** BlackRock's ETHA led with a $49.1244 million inflow, while Fidelity’s FETH saw $5.4132 million.

The total net asset value of Ethereum spot ETFs now stands at $7.649 billion.