Ether ETFs Record Nearly $788 Million in Weekly Outflows, Driven by Grayscale’s ETHE
Ether exchange-traded funds (ETFs) registered substantial outflows totaling $787.9 million over the past week, reflecting a persistent cautious sentiment among investors. This significant withdrawal marks a notable period of capital flight from Ether-linked investment products.
Data from Farside Investors reveals that Grayscale’s Ethereum Trust (ETHE) was the primary contributor to these outflows, accounting for the vast majority of...