Grayscale Ethereum Trust ETF net outflows hit $1.5B
Based on the present rate of outflows, ETHEs Ether reserves could be exhausted within weeks.
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Based on the present rate of outflows, ETHEs Ether reserves could be exhausted within weeks.
A Grayscale executive said the products will provide traditional investors with exposure to an asset that has the potential to transform the entire financial system.
Outflows from the Grayscale Ethereum Trust (ETHE) could dampen the Spot Ethereum ETF approval party but create significant opportunities for traders.
Grayscale recently submitted its revised filing for an Ethereum Trust spot ETF with the SEC. Grayscale’s Chief Legal Officer Craig Salm says investors deserve access to Ethereum investment products, just like they were afforded for Bitcoin ETFs. He tweeted that this uplisting to the NYSE Arca exchange represents an “important step” toward providing that retail […]
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