Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
ANALYSIS: Grayscale's ETHE could run out in a few weeks

ANALYSIS: Grayscale's ETHE could run out in a few weeks

Bitget2024/07/26 12:45

The grayscale-converted ETHE spot ethereum ETF saw significant net outflows in its first few days of trading - totaling $1.2 billion.ETHE's outflows have already outpaced net inflows into other spot ethereum ETFs, but at this rate it could run out of assets under management in a matter of weeks. Analysts say that until ETHE's net outflows subside, it will likely continue to exert selling pressure on Ethereum prices.

2
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The data center construction boom may increase inflationary pressure, and the Reserve Bank of Australia may be forced to maintain high interest rates.

The data center construction boom in Australia may lead to demand exceeding the supply capacity of the economy, which could push up inflation and force the Reserve Bank of Australia to maintain higher interest rates.

智通财经2026/09/07 04:01
The data center construction boom may increase inflationary pressure, and the Reserve Bank of Australia may be forced to maintain high interest rates.