Total spot ETH ETF net inflows are minus.

in H4LAB Research • last month (edited)

1000019487.jpg

Source: coinglass

It can be regarded as bad news for the ETH(Ethereum). I also admit somewhat. But,

1000019491.jpg

Source: coinglass

I think the main reason is the high fee of Grayscale's ETHE. It charges 2.5%. So, some investors who have been investing ETHE may sell ETHE to convert other spot ETH ETFs.

Take a look at the table. Other spot ETH ETFs show the plus net inflows. So, I'm not worried about the initial performance of spot ETH ETFs. It's a matter of time.

#eth #ethereum #spot #etf #grayscale
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    This comment is for rewarding my analysis activities. Upvotings will be proceeded by @h4lab and @upex

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    Upvoted! Thank you for supporting witness @jswit.

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      Congratulations, your post has been upvoted by @upex with a 100.00% upvote. We invite you to continue producing quality content and join our Discord community here. Visit https://botsteem.com to utilize usefull and productive automations #bottosteem #upex

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