Kaiko: Grayscale ETHE saw an average daily outflow of $110 million in the first month after its launch as a spot ETF
Bitget2024/05/28 02:35
On May 28th, a Kaiko analyst wrote in a report on May 27th that on January 11th, Grayscale GBTC had 23% of its managed assets flow out in the first month after issuance, totaling $6.5 billion. The asset management scale of Grayscale ETHE is $11 billion. According to Kaiko, if its "outflow scale is similar to GBTC," "this would be equivalent to an average daily outflow of $110 million or 30% of the average daily trading volume of ETH on Coinbase."
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
IMF predicts Bank of Japan's interest rate hike plan
AIcoin•2026/02/18 00:04
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$67,543.58
-1.75%
Ethereum
ETH
$1,993.86
-0.03%
Tether USDt
USDT
$0.9995
-0.01%
XRP
XRP
$1.48
-0.81%
BNB
BNB
$618.03
-1.39%
USDC
USDC
$1.0000
-0.01%
Solana
SOL
$85.18
-1.37%
TRON
TRX
$0.2819
-0.90%
Dogecoin
DOGE
$0.1007
-0.16%
Bitcoin Cash
BCH
$562.92
-1.00%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now