Grayscale ETHE Faces Continued Outflow Amid Market Trends

On September 28, BlockBeats reported that Grayscale’s Ethereum Trust (ETHE) experienced a net outflow of $10.72 million, according to data analysis from Trader T. This outflow represents a significant 36.1% of ETHE’s original total amount, which has flowed out over just 48 trading days.

If this trend continues, projections suggest that the total outflow could reach completion in about 101 trading days, with 50% of the amount expected to leave by November 7. These developments indicate ongoing shifts in investor sentiment towards Ethereum, impacting the fund’s overall performance.

 

 

source

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *