The first day for Ethereum spot ETFs saw $106.6M in inflows, despite Grayscale selling more than $484M.
The inflows from BlackRock [$266.5M] and Bitwise [$204M] accounted for over 97% of Grayscale's outflows.
Do you think Grayscale intends to dump their $ETH the same way they did with their Bitcoin ETF?
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