All Spot Ether ETFs Trade Over $1 Million on Day One
On July 23rd, Bloomberg Senior ETF Analyst Eric Balchunas released data showing that 90 minutes after the spot ethereum ETFs were listed, total trading volume reached $361 million, a figure that places them 15th in the ETF trading volume rankings.
Typically, it is rare to see a regular ETF launch with more than $1 million in first-day trading, but all of the ethereum ETFs had more than $1 million in first-day trading.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Galaxy Digital transferred 1,900 bitcoin worth $175.2 million to a new wallet over the past 3 days
The US FSOC annual report no longer lists cryptocurrencies as a potential threat
Swift collaborates with Ant International and HSBC to complete cross-border tokenized deposit payment testing