Bitwise Promotes Ethereum ETF on NYSE Amid Market Outflows

Bitwise Asset Management has unveiled a banner promoting its Ethereum ETF on the New York Stock Exchange, signaling its push to promote the product. While the Ethereum ETF market has seen significant outflows, Bitwise's fund has not been affected. The Grayscale Ethereum Trust experienced the largest outflow, possibly due to its high fee. However, Grayscale's Ethereum Mini Trust and BlackRock's iShares Ethereum Trust have seen inflows, indicating continued investor interest in certain ETH-based products.