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Analyst: Grayscale Ethereum Trust Fund outflows may put pressure on ETH prices
2024-07-23 14:28
Odaily News Jupiter Zheng, partner of Hashkey Capital Liquid Fund, said that the outflow of funds from the Grayscale Ethereum Trust Fund may put pressure on ETH prices after the launch of today's ETF, and it may also suppress market sentiment in the short term, but just like the Bitcoin ETF, investors may transfer funds to options with lower fees. (TheBlock)