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Tag: Stops

Analyst Predicts: Ethereum ETF Drain Stops Soon - Big Win for Crypto!

Analyst Predicts: Ethereum ETF Drain Stops Soon - Big Win for Crypto!

**Ethereum ETFs' Outflows Set to Stabilize, A Promise for Price Boost** In a world where the buzz around cryptocurrencies and digital assets keeps escalating, certain developments make the headlines for their potential ripple effect Notably, the Ether exchange-traded fund (ETF) by Grayscale, known as the Grayscale Ethereum Trust (ETHE), has been in the spotlight for significant outflows experienced since late July However, the narrative is about to take an optimistic turn, as projections show these outflows stabilizing soon, which could very well lead to a price upsurge for Ethereum It's a scenario that many have been watching closely, including BlackRock's Chief Investment Officer, Samara Cohen, who alongside market analysts, believes in the enduring value of crypto ETFs in diversified portfolios **Grayscale ETH ETF Outflows Expected to Stabilize** Large outflows from Grayscale's recently transitioned Ether ETF have caught numerous eyeballs, notably since its conversion to an ETF structure on July 24...

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