🌐 Crypto News:

- Grayscale’s Ethereum Trust ETF (ETHE) just recorded a net outflow of $31.01 million in 1 day, bringing the total historical outflow to $2.327 billion.

- ETHE had its first zero outflow on August 12, but continued to have negative outflows on August 13. Meanwhile, other Ethereum ETFs had net inflows of $24.3412 million.

- ETHE has fallen 25% from its initial $9 billion ETH, while Grayscale Bitcoin Trust took nearly 4 months to reach its first zero outflow day.

- BlackRock’s ETHA led the way with net inflows of $49.1244 million, bringing the total historical inflow to $950 million. Fidelity’s FETH was also strong with $5.4132 million, for a total of $351 million.

- The total net asset value of Ethereum ETFs is $7.649 billion, with ETF net asset value ratio of 2.36% to the total Ethereum market capitalization.

💬 What do you think about this trend? Share your opinion!