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CoinShares research director: Ethereum spot ETF two days after listing overall net outflow of $19 million

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2024-07-25 09:32:09
James Butterfill, head of research at CoinShares, wrote on X: "The Ethereum Spot ETF saw inflows of $801 million within two days of launch, excluding the transfer of seed money from grey release ETHE to its Mini Trust ETH ETF. This is a very positive start. However, we observed significant outflows from grey release ETHE totaling $820 million, resulting in an overall net outflow of $19m from the Ethereum Spot ETF."
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