Ether Slides as Grayscale's ETHE Outflows Ramp Up

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Ether Slides as Grayscale's ETHE Outflows Ramp Up
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Ether was down over 7.5% in the first hours of East Asia's business day, this comes as the market continues to be concerned about outflows from Grayscale's converted Ethereum Trust ETF. Market data from SoSoValue shows that ETHE had a net outflow of over $810 million while most of the other ETH ETFs continued in the green for flows.

Ether was down over 7.5% in the first hours of East Asia's business day, this comes as the market continues to be concerned about outflows from Grayscale's converted Ethereum Trust ETF. Market data from SoSoValue shows that ETHE had a net outflow of over $810 million while most of the other ETH ETFs continued in the green for flows. CoinDesk's Jennifer Sanasie presents the "Chart of the Day.

The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 100 million users worldwide. Let's take a look at the chart of the day. Ether was down over 7.5% in the first hours of East Asia's business day. This comes as the market continues to be concerned about outflows from gray scales converted Ethereum trust. ETF most of the other E ETF S continued in the green for flows.

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