The tide appears to be turning for spot Ether ETFs as outflows from the Grayscale Ethereum Trust (ETHE) slow.
Data from Sosovalue shows spot Ether ETF hosting inflows for two of the last three days after a sustained run of outflows. The freshly launched funds hosted combined inflows of $33.7 million on July 30 and $26.7 million on August 1.
The positive flows coincided with outflows from ETHE falling sharply. After shedding between $327 million and $484 million during its first week of trade as an ETF, the Grayscale Ethereum Trust hosted outflows of between $133.3 million and $78 million over the past three days.
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#undefined [Source: TheDefiant]