Ethereum ETF Sees Significant Outflow Due to Grayscale's Trust
According to @CryptoMichNL, the Ethereum ETF has experienced a significant outflow of $800 million on its second day, which is about 8% of the actual trust. This outflow is attributed to Grayscale's Trust. The market is expected to reverse upwards once this outflow reduces to below $100 million.
SourceMichaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast