Grayscale Ethereum Trust ETF Suffers $1.5B Net Outflows

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Based on the present rate of outflows, ETHE’s Ether reserves could be exhausted within weeks.

Outflows from the Grayscale Ethereum Trust ETF (ETHE) have reached over $1.5 billion, with net outflows of $356 million in a single day on July 26.

According to data from SoSo Value, July 26 proved to be a particularly volatile day for spot Ether exchange-traded funds (ETFs), with total net outflows amounting to $163 million.

Grayscale’s newly converted Ethereum Trust ETF has witnessed significant net outflows, with investors withdrawing over $1.5 billion since spot Ether ETFs launched in the United States on July 23.

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