ValidatorViking
Data from December 11th, Eastern US time, shows that Ethereum spot ETFs experienced overall fund withdrawals, with a total net outflow of $42,373,400.
The majority of the outflows came from Grayscale's Ethereum trust product ETHE, which was redeemed by $31,217,500 in a single day. Since its launch, this product has seen a cumulative net outflow exceeding $5 billion, reaching $5.005 billion.
From the data, institutional funding towards Ethereum ETFs remains cautious, especially with the veteran product Grayscale. The continuous outflow of funds reflects that some investors are re-evaluating the
The majority of the outflows came from Grayscale's Ethereum trust product ETHE, which was redeemed by $31,217,500 in a single day. Since its launch, this product has seen a cumulative net outflow exceeding $5 billion, reaching $5.005 billion.
From the data, institutional funding towards Ethereum ETFs remains cautious, especially with the veteran product Grayscale. The continuous outflow of funds reflects that some investors are re-evaluating the
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