Grayscale's Ethereum exchange-traded index fund (ETF) has avoided "net outflows" for the first time since its launch.
Unlike other physical ETFs, Grayscale is a mutual fund for existing Ethereum trustees.
As a result, investors who had invested in existing trust funds moved their funds to other physical ETF products, and there was a steady outflow of funds from the Grayscale ETF.
Grayscale's Ethereum ETF, which had been recording net outflows since its launch on the 23rd of last month, ended its net outflow march on the 12th (local time).
Meanwhile, Grayscale's Bitcoin spot ETF took nearly four months to end its record net outflows.
2024/08/14 17:20 KST
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