The first day of Ethereum's spot ETF saw a volumen of over $600M distributed amongst 8 different ETF houses.
Author: Sahil Thakur
Written On: Wed, 24 Jul 2024 06:58:56 GMT
The eight recently launched spot Ethereum (ETH) exchange-traded funds (ETFs) posted nearly $600 million in volume during the first half of their first day, according to data from Bloomberg. Grayscale’s Ethereum Trust (ETHE) led the race with $250 million in traded shares by 12:30 pm ET, followed by BlackRock’s iShares Ethereum Trust (ETHA) with approximately $130 million. Fidelity’s Advantage Ether ETF recorded roughly $77 million in volume, while Bitwise’s Ethereum ETF saw $66 million.
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