Ether Down Over 7.5% as ETHE Outflows Ramp Up
Most Ether ETFs were in the green during the Wednesday U.S. trading session, but Grayscale’s converted Ethereum Trust ETF posted a net outflow of over $800 million.
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Grayscale Ethereum Trust
Most Ether ETFs were in the green during the Wednesday U.S. trading session, but Grayscale’s converted Ethereum Trust ETF posted a net outflow of over $800 million.
Markets previously had mostly priced in SEC rejections of the proposed funds beginning this week.
The recent optimism around crypto spot exchange-traded funds helped narrow the ETHE discount.