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

ChainCatcher message, Farside Investors posted on platform X stating that ETHE has a higher net outflow than GBTC, one factor could be that GBTC was launched earlier than ETHE (2013 vs 2017). Therefore, there may be a higher proportion of GBTC holders with significant unrealized capital gains, making them less willing to sell. Another factor is that ETHE holders may want to stake their tokens. Additionally, ETHE's fees are at 2.5%, while GBTC has at least been reduced to 1.5%.