Grayscale’s Ethereum ETFs Debut: 32,000 ETH Locked, But Inflows Lag

Grayscale launched its staking facility for both of its Ethereum ETFs, ETHE and ETH, on Monday, October 6th. The two ETFs debuted with a combined stake of 32,000 ETH worth $150 million. Despite this milestone, neither ETF saw substantial institutional inflows yesterday. However, the news spurred a price surge in Ethereum today, pushing its value past $4,707 and analysts anticipate a fresh all-time high soon.