Spot Ether ETFs See $600M in Volume In First Half Day of Trading
CoinDesk - 7/23/2024 7:45:03 PM - GMT (+0 )
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CoinDesk - 7/23/2024 7:45:03 PM - GMT (+0 )
“We assume $ETHE volume is mostly outflows,” Bloomberg Intelligence senior ETF analyst Eric Balchunas wrote in a post on X. Grayscale's ETHE, in similar fashion to its Bitcoin Trust (GBTC), entered the race with over $9 billion in assets, thus giving rise to the idea that much of its volume is due to outflows.
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