The Grayscale Ethereum Trust has posted its first day of zero outflows since its conversion to a spot ETF amid a surge of network activity on Ethereum and its layer-2 networks.
The Grayscale Ethereum Trust (ETHE) has posted its first day of zero outflows, ending a consecutive daily onslaught of outflows since its launch.
It comes as Ethereum and several of its layer-2 networks witnessed a surge in on-chain activity.
On Aug. 12, Ether (ETH) exchange-traded fund (ETF) flows flipped positive for the fifth time since their launch on July 23, aided by ETHE posting its first day of zero outflows, per Farside data.
