CoinShares Research Director: Ethereum spot ETF had a net outflow of $19 million two days after listing

Odaily News James Butterfill, head of research at CoinShares, said in a post on X: "The Ethereum spot ETF had an inflow of $801 million within two days of its launch, excluding the seed funds transferred from Grayscale ETHE to its mini-trust ETH ETF. This is a very positive start. However, we observed a large outflow of funds from Grayscale ETHE, totaling $820 million, resulting in an overall net outflow of $19 million from the Ethereum spot ETF."