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On August 13th, grey release Ethereum ETFETHE achieved zero outflows for the first time since its launch, ending the previous 13 consecutive trading days of net outflows. Since its launch, ETHE has lost nearly $2.30 billion in ETH. In contrast, grey release's Bitcoin Spot ETF (GBTC) took nearly four months to experience no outflows.
According to grey release official website data, grey release Ethereum spot ETFETHE still holds 1.96 million ETH. It is reported that ETHE held 2.63 million ETH when it was launched on July 23, and there was a large net outflow after listing. It has been a net outflow for 11 days, but the outflow rate has gradually slowed down. Yesterday, the outflow was 39.70 million dollars, far lower than the outflow of hundreds of millions of dollars in the first week of listing.
