Funds are pulling back, but the newly launched Grayscale mini trust is still attracting money.
On August 10, spot Bitcoin ETFs saw total net outflows of $145 million. Yet on that same day, Grayscale’s Bitcoin mini trust recorded a net inflow of $37.0568 million, ranking first.
Ethereum is about the same. Ethereum spot ETFs had total net outflows of $14.5879 million, while Grayscale’s Ethereum mini trust alone saw an inflow of $8.5908 million.
This is quite interesting. The market overall is withdrawing, but one product is moving upward against the trend.
On August 10, spot Bitcoin ETFs saw total net outflows of $145 million. Yet on that same day, Grayscale’s Bitcoin mini trust recorded a net inflow of $37.0568 million, ranking first.
Ethereum is about the same. Ethereum spot ETFs had total net outflows of $14.5879 million, while Grayscale’s Ethereum mini trust alone saw an inflow of $8.5908 million.
This is quite interesting. The market overall is withdrawing, but one product is moving upward against the trend.