According to SoSoValue data, yesterday (July 29, Eastern Time), the total net outflow of Ethereum spot ETFs was $98.2856 million. Among them, Grayscale Ethereum Trust ETF ETHE had a net outflow of $210 million in a single day, and the current historical net outflow of ETHE is $1.724 billion.

In general, the outflow rate of Grayscale is slowing down. It is estimated that if Grayscale is hit again this week, it will not be able to hit it. The downward space of ETH is very limited. It is optimistic that after Grayscale's market crash is over, it will copy the trend of Bitcoin ETF after it passes! #ETH🔥🔥🔥🔥