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The “newborn” eight ETFs didn’t manage to outrun the $327 million of outflows from Grayscale’s recently converted Ethereum Trust.

Cointelegraph

Spot Ethereum ETFs post $113M of outflows on second day of launch

The rapid outflows from US Ethereum spot ETFs highlight investor volatility and potential instability in the cryptocurrency market. The post US Ethereum spot ETFs see $133 million outflows one day after strong debut appeared first on Crypto Briefing.

Crypto Briefing

US Ethereum spot ETFs see $133 million outflows one day after strong debut

On the second day of trading for U.S. spot Ethereum ETFs turned out to be quite disappointing. These funds saw a big exit, with investors pulling out around $113.3 million in total.  The biggest hit came from Grayscale’s Ethereum Trust ETF, which saw over $800 million in net outflows. The situation left many scratching their heads. While some Ether ETFs managed to stay in the green during the U.S. trading session, the overall mood was far from u…

Cryptopolitan

Grayscale leads $113.3M outflow in spot Ethereum ETFs on day 2

Ethereum (ETH) slumped more than 8% after the US spot Ethereum exchange-traded funds saw over $133 million in outflows in the second day of trading. Ether price fell on Thursday amid the outflows, reaching lows of $3,156 across major exchanges.  Spot Ether ETFs outflows The new ETFs cumulatively posted over $106 million in inflows on day one, which incidentally remained green despite more than $484 million exiting the Grayscale’s Ethereum Trust …

Coinjournal

ETH falls amid $133 million spot Ethereum ETFs outflows

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Spot Ethereum ETFs post $113M of outflows on second day of launch

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