G-Eazy speaks out on Demi Lovato dating rumors (Exclusive)

G-Eazy is sporting a whole new look after his split from Halsey -- and it's cool for the summer. 

at the 2018 ESPY Awards at Los Angeles' Microsoft Theater on Wednesday rocking platinum blond locks. He paired his new hair with a stylish green suit. 

The rapper's outing comes just three weeks after Halsey revealed their breakup following a year of dating.

"It's just one of those things that comes with the territory. You trade in your anonymity in exchange for some of your success in the public eye," he told ET's Nischelle Turner on the red carpet of fans' interest in his dating life. "You have to remember the blessings and remember how grateful you are to be here in the first place and understand some of that is just what comes with the territory."

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Michael Kovac/Getty Images for Moet & Chandon

As for the rumors he's dating Demi Lovato after the pair were reportedly spotted holding hands, he said, she's "just a friend." 

The former Disney star also recently went blonde for a fresh start weeks after ET learned she had relapsed following years of sobriety. Lovato opened up about relapse in her heartbreaking new song, "Sober." 

According to a source, the relapse mentioned in "Sober" happened at some point in between the North American leg of her Tell Me You Love Me world tour, which ended on April 2 in Newark, New Jersey, and her European leg, which started in Belfast, Ireland, on May 24. 

"Demi relapsed and started drinking alcohol again," another source told ET. "Her song is intense, but that's how she deals. She has to be brutally honest and put it out there so that she's not burdened with holding on to her struggles privately."

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Halsey and G-Eazy together
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Halsey and G-Eazy together
LOS ANGELES, CA - OCTOBER 09: G-Eazy and Halsey attend the 2018 American Music Awards at Microsoft Theater on October 9, 2018 in Los Angeles, California. (Photo by David Crotty/Patrick McMullan via Getty Images)
WEST HOLLYWOOD, CA - OCTOBER 09: Halsey and G-Eazy attend Post Malone's '2018 American Music Awards' Hosted By John Terzian And Dre London At Harriet's on October 9, 2018 in West Hollywood, California. (Photo by Paul Best/Getty Images for Dick Clark Productions)
LOS ANGELES, CA - OCTOBER 09: G-Eazy (L) and Halsey attend the 2018 American Music Awards at Microsoft Theater on October 9, 2018 in Los Angeles, California. (Photo by John Shearer/AMA2018/Getty Images For dcp)
2018 iHeartRadio Music Awards - Arrivals ? Los Angeles, California, U.S., 11/03/2018 ? G-Eazy (L) and Halsey. REUTERS/Mario Anzuoni
SANTA MONICA, CA - JUNE 16: Recording artists G-Eazy (L) and Halsey attend the 2018 MTV Movie And TV Awards at Barker Hangar on June 16, 2018 in Santa Monica, California. (Photo by Jeff Kravitz/FilmMagic)
Singer Halsey (R) performs with G-Eazy during the 2017 Jingle Ball at Madison Square Garden in New York, U.S., December 8, 2017. REUTERS/Lucas Jackson
MIAMI, FL - MARCH 24: G-Eazy and Halsey Live Performance At E11EVEN Miami on March 24, 2018 in Miami, Florida. (Photo by John Parra/Getty Images for E11EVEN)
MIAMI, FL - MARCH 24: G-Eazy and Halsey Live Performance At E11EVEN Miami on March 24, 2018 in Miami, Florida. (Photo by John Parra/Getty Images for E11EVEN)
MIAMI, FL - MARCH 24: G-Eazy and Halsey arrive at E11EVEN Miami for a Live Surprise Performance on March 24, 2018 in Miami, Florida. (Photo by John Parra/Getty Images for E11EVEN)
INGLEWOOD, CA - MARCH 11: Halsey and G-Eazy arrive to the 2018 iHeartRadio Music Awards held at The Forum on March 11, 2018 in Inglewood, California. (Photo by Michael Tran/FilmMagic)
INGLEWOOD, CA - MARCH 11: (EDITORS NOTE: Image has been shot in black and white. No color version available.) (L-R) Pharrell Williams, Halsey, G-Eazy and Chance The Rapper attend the 2018 iHeartRadio Music Awards which broadcasted live on TBS, TNT, and truTV at The Forum on March 11, 2018 in Inglewood, California. (Photo by Charley Gallay/Getty Images for iHeartMedia)
INGLEWOOD, CA - MARCH 11: G-Eazy (L) and Halsey attend the 2018 iHeartRadio Music Awards which broadcasted live on TBS, TNT, and truTV at The Forum on March 11, 2018 in Inglewood, California. (Photo by Christopher Polk/Getty Images for iHeartMedia)
INGLEWOOD, CA - MARCH 11: (L-R) Big Sean, Kehlani, Halsey, and G-Eazy attend the 2018 iHeartRadio Music Awards which broadcasted live on TBS, TNT, and truTV at The Forum on March 11, 2018 in Inglewood, California. (Photo by Kevin Mazur/Getty Images for iHeartMedia)
INGLEWOOD, CA - MARCH 11: G-Eazy (L) and Halsey speak onstage during the 2018 iHeartRadio Music Awards which broadcasted live on TBS, TNT, and truTV at The Forum on March 11, 2018 in Inglewood, California. (Photo by Jeff Kravitz/Getty Images for iHeartMedia)
INGLEWOOD, CA - MARCH 11: G-Eazy (L) and Halsey arrive at the 2018 iHeartRadio Music Awards which broadcasted live on TBS, TNT, and truTV at The Forum on March 11, 2018 in Inglewood, California. (Photo by Alberto E. Rodriguez/Getty Images)
INGLEWOOD, CA - MARCH 11: (L-R) Alex Moscou, Halsey, and G-Eazy attend the 2018 iHeartRadio Music Awards which broadcasted live on TBS, TNT, and truTV at The Forum on March 11, 2018 in Inglewood, California. (Photo by Kevin Mazur/Getty Images for iHeartMedia)
BEVERLY HILLS, CA - MARCH 4: G-Eazy and Halsey attend 2018 Vanity Fair Oscar Party Hosted By Radhika Jones - Arrivals at Wallis Annenberg Center for the Performing Arts on March 4, 2018 in Beverly Hills, CA. (Photo by Presley Ann/Patrick McMullan via Getty Images) *** Local Caption *** G-Eazy;Halsey
SATURDAY NIGHT LIVE -- 'Sam Rockwell' Episode 1735 -- Pictured: Musical Guest Halsey performs 'Him and I' with G-Eazy in Studio 8H on Saturday, January 13, 2018 -- (Photo by: Will Heath/NBC/NBCU Photo Bank via Getty Images)
MIAMI, FL - DECEMBER 31: G-Eazy and Halsey attend Sean 'Diddy' Combs Hosts CIROC The New Year 2018 Powered By Deleon Tequila at Star Island on December 31, 2017 in Miami, Florida. (Photo by Shareif Ziyadat/Getty Images for Deleon Tequila)
LOS ANGELES, CA - DECEMBER 31: Halsey (L) and G-Eazy perform onstage during Dick Clark's New Year's Rockin' Eve with Ryan Seacrest 2018 on December 31, 2017 in Los Angeles, California. (Photo by Frederick M. Brown/Getty Images for dcp)
MIAMI, FL - DECEMBER 31: Halsey and G-Easy arrive at G-Easy + Halsey Ring in the New Year 2018at E11EVEN on December 31, 2017 in Miami, Florida. (Photo by Jason Koerner/Getty Images for E11EVEN)
JIMMY KIMMEL LIVE! - 'Jimmy Kimmel Live!' airs every weeknight at 11:35 p.m. EST and features a diverse lineup of guests that includes celebrities, athletes, musical acts, comedians and human-interest subjects, along with comedy bits and a house band. The guests for Tuesday, December 12 included Dwayne Johnson ('Jumanji: Welcome to the Jungle'), Guillermo del Toro ('The Shape of Water') and musical guest G-Eazy featuring Halsey. (Randy Holmes/Freeform via Getty Images) JIMMY KIMMEL, HALSEY, G-EAZY
NEW ORLEANS, LA - AUGUST 30: G-Eazy (C) surprises fans at The Blue Nile on August 30, 2017 in New Orleans, Louisiana, with an intimate performance of his new album, joined by musical friends Halsey (L) and Cardi B (R). (Photo by Erika Goldring/Getty Images for Bud Light)
NEW YORK, NY - AUGUST 28: Rapper G-Eazy and singer Halsey attend the 2016 MTV Video Music Awards at Madison Square Garden on August 28, 2016 in New York City. (Photo by Jeff Kravitz/FilmMagic)
NEW ORLEANS, LA - AUGUST 29: G-Eazy and Halsey attend G-Eazy's debut limited capsule collection 'Gerry's' in partnership with Bud Light at The Santos Bar on August 29, 2017 in New Orleans, Louisiana. (Photo by Erika Goldring/Getty Images for Bud Light)
LOS ANGELES, CA - NOVEMBER 01: Halsey (L) and G-Eazy attend Spotify's Inaugural Secret Genius Awards hosted by Lizzo at Vibiana on November 1, 2017 in Los Angeles, California. (Photo by Christopher Polk/Getty Images for Spotify)
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