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Kaiko: Grayscale ETHE saw an average daily outflow of $110 million in the first month after its launch as a spot ETF

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."

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