ETH ETF inflows upd

▶️ #updates

🤝We have prepared a small update on the second and third days of trading of the ETH ETF, which we talked about in this post. Let's move on to the numbers:

▫️Net outflow into the ETH ETF was -$133 million and -$152 million, respectively. The total net outflow for all three days of trading is -$178 million.

▫️The outflow is mainly due to the withdrawal of ETH from the Grayscale ETF, as was the case with BTC. The net outflow for three days from Grayscale has already exceeded $1 billion, but there are still more than $7 billion left in the account, so outflows from it will probably continue.

▫️Trading volume slightly decreased to $1.05 billion on the second day and to $955 million on the third.

▫️By the way, the net cumulative inflow into the ETH ETF over the first three days would have been about $982 million, if we ignore the outflows from Grayscale.