Second Day of Ethereum ETF Launch Sees $113M Outflows

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The “newborn” eight ETFs didn’t manage to outrun the $327 million of outflows from Grayscale’s recently converted Ethereum Trust.

United States-based spot Ether exchange-traded funds (ETFs) have returned net outflows of $113.3 million on their second trading day, primarily due to heavy bleeding from Grayscale’s Ethereum Trust.

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