The upcoming spot Ethereum (ETH) exchange-traded funds could initially put selling pressure on the second-largest crypto asset by market cap, according to the market intelligence firm Kaiko. Last week, the U.S. Securities and Exchange Commission (SEC) approved the listing of spot market Ethereum ETFs, paving the way for the products to start trading on US stock exchanges. […]

The post Grayscale’s Ethereum Trust Could Witness $110,000,000 in Daily Outflows if ETH ETFs Are Approved, Says Kaiko appeared first on The Daily Hodl.

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Continue reading Grayscale’s Ethereum Trust Could Witness $110,000,000 in Daily Outflows if ETH ETFs Are Approved, Says Kaiko

The post Grayscale’s Ethereum Trust Could Witness $110,000,000 in Daily Outflows if ETH ETFs Are Approved, Says Kaiko appeared first on The Daily Hodl.
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