在第二週交易期間，Grayscale 的 ETHE 流出量下降了 80%

Grayscale 的以太坊信託 (ETHE) 在交易第二週內流出量顯著減少，此前流出了 15 億美元

Grayscale's Ethereum Trust (ETHE) has seen a notable reduction in outflows during its second week of trading, following a $1.5 billion outflow in the initial week.

Grayscale 的以太坊信託 (ETHE) 在第一周流出 15 億美元後，在第二週交易中流出量顯著減少。

According to blockchain analysis firm Arkham Intelligence, ETHE experienced an 80% drop in outflows as the second week progressed.

根據區塊鏈分析公司 Arkham Intelligence 的數據，隨著第二週的進展，ETHE 的流出量下降了 80%。

On July 29, approximately 108,800 ETH, valued at $367.6 million, was withdrawn from ETHE to Coinbase. By August 2, this outflow had slowed to about 24,9000 ETH, valued at around $78.4 million.

7 月 29 日，約 108,800 ETH，價值 3.676 億美元，從 ETHE 提取到 Coinbase。到 8 月 2 日，流出量已放緩至約 24,9000 ETH，價值約 7,840 萬美元。

Coinbase analysts suggested that the ETHE outflows were declining because they might have been front-loaded compared to earlier trends observed with the Grayscale Bitcoin Trust (GBTC). When GBTC was converted in January, it also experienced substantial outflows. However, the analysts pointed out that the percentage of outflows from ETHE surpasses that of GBTC.

Coinbase 分析師表示，ETHE 流出量正在下降，因為與灰階比特幣信託基金 (GBTC) 觀察到的早期趨勢相比，它們可能是提前加載的。 GBTC 在 1 月轉換時也出現了大量資金外流。不過，分析師指出，ETHE 的流出比例超過了 GBTC。

“Structural factors contributed to shares of GBTC being locked and unable to be sold until later in the cycle, whereas no such impediments exist for ETHE,” the Coinbase analysts stated.

Coinbase 分析師表示：“結構性因素導致 GBTC 的股票被鎖定，直到週期後期才能出售，而 ETHE 則不存在這樣的障礙。”

According to Farside data, since the launch of spot Ethereum ETFs, ETHE has experienced a total outflow of over $2 billion. As a result, its assets under management have decreased from approximately $9 billion to $5.97 billion. In contrast, its smaller version, the mini Ethereum trust (ETH), has maintained over $1 billion in assets under management and reported net inflows of about $201 million since its inception.

根據Farside數據顯示，自推出現貨以太坊ETF以來，ETHE的總流出量已超過20億美元。因此，其管理的資產從約 90 億美元減少至 59.7 億美元。相較之下，其規模較小的迷你以太坊信託 (ETH) 自成立以來管理的資產已超過 10 億美元，淨流入約 2.01 億美元。

Meanwhile, the new spot Ethereum ETFs, aside from Grayscale's, have shown impressive performance. Nate Geraci, president of the ETF Store, highlighted that these ETFs have attracted over $1.5 billion in less than two weeks. He noted that this amount places them among the top five ETF launches this year.

同時，除了 Grayscale 之外，新的現貨以太坊 ETF 也展現了令人印象深刻的表現。 ETF Store 總裁 Nate Geraci 強調，這些 ETF 在不到兩週的時間內就吸引了超過 15 億美元的資金。他指出，這筆金額使其躋身今年推出的 ETF 前五名之列。

Despite these substantial inflows, Ethereum's price has not fared well. BeInCrypto data shows ETH has dropped by over 10% in the past week, falling below $3,000. Geraci explained that ETFs are merely vehicles for accessing markets and do not influence their performance.

儘管有大量資金流入，但以太坊的價格表現不佳。 BeInCrypto 數據顯示，過去一週 ETH 下跌超過 10%，跌破 3000 美元。 Geraci 解釋說，ETF 只是進入市場的工具，並不影響其表現。

“ETFs represent only a small fraction of the overall market. There are many other factors driving price movements. ETFs provide access but do not control the markets,” he asserted.

「ETF 只佔整個市場的一小部分。還有許多其他因素推動價格變動。 ETF 提供准入但不控制市場，」他斷言。