#CPI Coming in mostly at estimates. As always, price will lead narrative and I doubt this report changes anything in terms of direction. Whatever happens would have likely happened either way.

$ETH's Grayscale $ETHE outflows started at a more rapid pace than we saw with $GBTC. But at this point ETHE is at the same percentage of assets lost since inception compared to GBTC. The big difference is that the other ETFs didn't get nearly as many inflows as we saw with BTC.

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