Cryptocurrency Q&A
Why is ETHE selling off?
Why is ETHE selling off?
amelia_harrison_architect
Fri Jan 03 2025
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6 answers
999
ETHE is experiencing a significant sell-off. I'm wondering what factors are driving this sell-off and whether it's a temporary market fluctuation or indicative of a larger trend.
6 answers
Tommaso
Sun Jan 05 2025
The Grayscale Ethereum Trust (ETHE) experienced significant redemptions.
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Tommaso
Sat Jan 04 2025
The previous trust structure might not have offered the same level of liquidity as the ETF conversion.
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Luca
Sat Jan 04 2025
During the period when money was flowing into new offerings, ETHE saw redemptions totaling $485 million.
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Eleonora
Sat Jan 04 2025
This outflow of funds from ETHE was noted by JPMorgan.
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JejuJoyful
Sat Jan 04 2025
JPMorgan suggested that investors might be switching to cheaper alternatives.
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