Seven months after the listing of the Bitcoin spot ETF, it is finally Ethereum’s turn to debut! Yesterday, 9 Ethereum spot ETFs were officially launched. The total trading volume on the first day reached US$1.112 billion, which was 23% of the first-day trading volume of Bitcoin spot ETFs. Among them, Bitwise (BITB) had a net inflow of US$204 million, which was a very impressive performance.
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ToggleEthereum spot ETF total trading volume on day one: $1.1 billion
According to statistics from Bloomberg ETF analyst James Seyffart , the total trading volume of the Ethereum spot ETF on the first day was US$1.112 billion, which was 23% of the trading volume of the Bitcoin spot ETF on the first day. The trading volume of BlackRock ETHA was IBIT's 25%. Excluding Grayscale ETHE, the total transaction volume was US$642 million.
Grayscale ETHE had a net outflow of US$484 million
Grayscale ETHE had a net outflow of US$484 million, accounting for approximately 5% of its asset size, while its mini trust ETH absorbed US$15.1 million in funds.
Bitwise (BITB) had a net inflow of US$204 million, and James Seyffart speculated that Pantera Capital bought US$100 million.
Franklin (EZET) saw a net inflow of $13.2 million, 21Shares (CETH) saw a net inflow of $7.5 million, and the remaining fund figures are yet to be released.
ETH fell slightly
ETH fell from yesterday's high of US$3,541, with the lowest falling below 3,400, and was trading at US$3,481 at the time of writing.
