Grayscale Ethereum Trust ETF’s Net Outflows Reach $1.5B

The outflows from the Grayscale Ethereum Trust ETF (ETHE) have exceeded $1.5 billion, with a single day net outflow of $356 million on July 26.

SoSo Value’s data shows that July 26 was a volatile day for spot Ether ETFs, with a total net outflow of $163 million.

Since the launch of spot Ether ETFs in the United States on July 23, Grayscale’s newly converted Ethereum Trust ETF has experienced significant net outflows, with investors withdrawing over $1.5 billion.

In contrast, Grayscale’s Ethereum Mini Trust ETF (ETH) saw a different trend, with a net inflow of $44.9 million recorded on July 26.