Grayscale Ethereum spot ETF has accumulated a net outflow of 1.16 billion US dollars, surpassing the net inflow of other Ethereum spot ETFs.

Foresight News reported that according to The Block, Grayscale's converted Ethereum spot ETF 'ETHE' saw a net outflow of 1.16 billion USD in the past three days, surpassing the net inflows of other Ethereum spot ETFs. At this rate, the assets under its management may be depleted in a few weeks. Analysts suggest that until the net outflows of ETHE cease, it may continue to exert selling pressure on the Ethereum price.