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CoinShares Research Director: $19 million net outflow overall two days after the listing of the Ethereum spot ETF

2024-07-25 17:42:35

ChainCatcher message, CoinShares Research Director James Butterfill posted on X stating: "After the launch of the Ethereum spot ETF, there was an inflow of $801 million within two days, excluding the seed capital transferred from Grayscale ETHE to its mini trust ETH ETF. This is a very positive start. However, we observed a significant outflow from Grayscale ETHE, totaling $820 million, resulting in an overall net outflow of $19 million for the Ethereum spot ETF."

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