Opinion: The net outflow of funds from ETHE is higher than that of GBTC, which may be related to their respective launch times.

Golden Finance reported that Farside Investors stated in a post on X platform that the net outflow of ETHE is higher than that of GBTC, and one factor may be that GBTC was launched earlier than ETHE (in 2013 vs 2017). Therefore, a higher proportion of GBTCholders may hold a large amount of unrealized capital gains and are therefore less willing to sell. Another factor is that ETHE holders may want to stake their Tokens. In addition, the fees for ETHE are 2.5%, while GBTC has dropped to at least 1.5%.

G1.19%
BTC-0.12%
X-2%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)