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Grayscale Ethereum Trust saw a net outflow of $484 million on its first day.
According to the monitoring of HODL15 Capital, Grayscale is also replicating the large-scale outflow of funds from ETH. On the first day, Grayscale Ethereum Trust saw a outflow of 484 million USD (close to 5% of AUM), with a small amount (15 million USD) flowing back to the low management fee Grayscale Ethereum Trust Mini.