
ethereum·5d ago
Spot Ethereum ETFs open with $10.4B, but most is converted Grayscale holdings
Initial $10.36B inflow reflects existing Grayscale assets migrating, not fresh buying.
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Initial $10.36B inflow reflects existing Grayscale assets migrating, not fresh buying.

JPMorgan increased its Bitcoin ETF position by 25% and more than quadrupled its Ether ETF position in Q2.