📢 Cryptocurrency news! 📢
- Grayscale's Ethereum ETF (ETHE) saw significant outflows amounting to $346 million, resulting in a total loss of $1.1 billion over the past three days.
- Despite this, BlackRock's iShares Ethereum Trust (ETHA) attracted $71 million in new investment, and Grayscale's new Ethereum Mini Trust (ETH) received more than $58 million.
- Other funds, such as Fidelity Ethereum Fund (FETH) and Bitwise’s Ethereum ETF (ETHW), also saw decent inflows.
💡 Interestingly, the recently reformed Ethereum Mini Trust with a low fee of 0.15% could be Grayscale's salvation, attracting more and more investors.
- At the same time, rumors of a possible sale of 92,000 ETH from a wallet associated with the Ethereum Foundation have sparked speculation about a possible drop in the price of Ethereum.
At the time of writing, Ethereum (ETH) was trading at $3,252, up 2.5% from the previous day.
💬 Share your opinion in the comments! What do you think is next for the Ethereum market?