*🚨Spot Ethereum ETFs Hit $1 Billion in Trading Volume on Day One*$ETH
- *Trading Volume*: Spot Ethereum ETFs reached a trading volume of over $1 billion on their first day of trading
- *Leading ETFs*: The Grayscale Ethereum Trust (ETHE) led the way at $456 million, followed by BlackRock's iShare Ethereum Trust (ETHA) at $240 million and Fidelity Ethereum Fund (FETH) at $136 million
- *Comparison to Bitcoin*: The trading volume of Ethereum ETFs on their first day was 23% of what was traded in the spot Bitcoin ETFs on their first day
- *Market Expectations*: Analysts are bullish on Ethereum's future value, expecting it to break through the current resistance levels at around $3,730 for a price rally