Experts expect $110m to flow out of Grayscale’s yet-to-launch spot #Ethereum ETF daily, following the firm's bitcoin ETF, which experienced a similar outflow. https://t.co/6N2ao8l8E9
UPDATE: GRAYSCALE'S UPCOMING #ETHEREUM SPOT ETF COULD SEE DAILY OUTFLOWS OF $110M PER DAY - KAIKO
According to @KaikoData, the upcoming spot #Ethereum ETF from @Grayscale may see significant daily outflows of around $110 million based on patterns observed with its #Bitcoin Trust conversion. https://t.co/06Wo49F9Mi
Grayscale is set to launch an Ether ETF, with predictions of daily outflows of around $110 million based on historical patterns observed with its Bitcoin Trust conversion. Experts anticipate significant daily outflows from the upcoming Ethereum ETF, similar to the outflows seen with Grayscale's Bitcoin ETF.