As of last week, the Ethereum ETF has already ended its fifth week. Looking at the first four weeks, although Grayscale's selling is declining, its purchasing power is also continuously decreasing. Nearly 9% of the total ETF volume has been lost from spot ETFs.
Last week, ETHE sold 47,938 ETH, which is lower than the fourth week. This also means that Grayscale's large-scale selling has ended. The subsequent sales volume should only slowly decay in a small range.
