Despite initial enthusiasm, spot Ethereum ETFs haven't quite met market expectations, with significant outflows overshadowing positive inflows. The on-chain holdings of Ethereum ETFs are substantial, yet they've faced a net outflow of 136,700 ETH since their launch, a drag largely due to Grayscale's ETHE. Ethereum's price has reacted predictably, dropping sharply post-launch before finding some stability. With the market showing cautious optimism and BlackRock's iShares Ethereum Trust leading inflows, analysts are watching closely for one key factor that could turn the tide...
Grayscale outflows overshadow Ethereum ETF inflows Grayscale outflows overshadow Ethereum ETF inflows
Grayscale's massive outflows dampened the early excitement for Ethereum ETFs.
3 min read
Updated: Aug. 20, 2024 at 11:10 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
In this article
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
Bitcoin
$58,101.07
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Grayscale Investments
Established in 2013 by Digital Currency Group, Grayscale Investments is a trusted authority on digital currency investing and cryptocurrency asset management.
BlackRock
BlackRock, synonymous with global asset management, is an American multinational investment management corporation based in New York City.
The Grayscale Ethereum Trust (ETHE) by Grayscale is an investment vehicle designed to offer investors exposure to Ethereum, one of the leading cryptocurrencies by market capitalization.
The Grayscale Ethereum Mini Trust (Ticker: ETH) is a pioneering investment vehicle designed to provide investors with exposure to Ethereum (ETH) through a regulated security format.
The iShares Ethereum Trust ETF (ETHA) by BlackRock is an innovative investment product designed to provide investors with exposure to Ethereum, one of the leading cryptocurrencies.
