Crypto
ETH ETF Trading Volume Above $600M in First Half Day
![](https://blacknewsdaily.com/wp-content/uploads/2024/07/3H33EBQZHRAVNOH5XS7GVOFUGM-780x470.jpg)
“We assume $ETHE volume is mostly outflows,” Bloomberg Intelligence senior ETF analyst Eric Balchunas wrote in a post on X. Grayscale’s ETHE, in similar fashion to its Bitcoin Trust (GBTC), entered the race with over $9 billion in assets, thus giving rise to the idea that much of its volume is due to outflows.