ANALYSIS: Grayscale ETHE may run out of Ether assets in weeks if it sells off at current rate
ETHE, a grayscale spot ethereum ETF, has seen significant net outflows totaling $1.2 billion since its IPO, according to The Block - an outflow that has already outpaced other spot ethereum ETFs in terms of net inflows, but at this rate, it could run out of ethereum assets under management in a matter of weeks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A whale holding $3.5 million in assets swapped 50,000 KTA for 320,000 EDEL.
Bitget TradFi section enters public beta, allowing trading of gold, forex, and other assets within the same account
Smart money wyzq.eth sold all RAVE for a profit of over $100,000, with a return rate of 83%
Octra Labs co-founder: ICO will not be canceled, but all unsold tokens will be removed from circulation