Analysis: Grayscale’s large outflows will end as early as mid-week
Odaily2024/07/30 09:06
By:Odaily
Odaily News Steno Research analyst Mads Eberhardt published a research report stating that it expects the large outflow of Grayscale funds to end as early as mid-week, followed by a large influx of funds into other ETFs, pushing Ethereum prices higher. This reflects the pattern when the Bitcoin ETF was launched in January: an initial decline, followed by a significant increase in prices and ETF net flows. History often provides a clear roadmap, and this time is no exception.
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