Grayscale Ether ETF Sees $356M Outflows Despite ETH Price Uptick
full version at dailycoin
Ether ETFs bled on their fourth trading day. Grayscale’s ETHE led the day’s outflows with hundreds of millions. Ethereum maintained a bullish outlook despite the funds’ performance. The Grayscale Ethereum Trust ETF (ETHE) continued to bleed on Friday, despite Ether reversing an early-day losing streak to reclaim its bullish traction around the $3,250 price level. The world’s second-largest crypto by market capitalization took a downward trajectory towards $3,000 on July 25 following a massive outflow of $152.3 million from spot Ether exchange-traded funds (ETFs). While four of the newly launched funds bounced back strongly on July 26 with a combined inflow
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