According to data compiled by COINTURK, ETFs reached a volume of over $216 million in the first 50 minutes. As you can see the details below, the ETHE coded ETF issued by Grayscale attracts attention to compete with all other alternatives. Almost all ETHE volume is thought to be sales. Because it is the worst in terms of annual management fee and people prefer alternatives such as BlackRock, Bitwise and Fidelity for purchasing.

The good news is that volume above that of ETHE occurred in other ETFs. If it continues like this, a volume of several billion dollars can be reached by the close of the day. However, if ETHE volume remains below 50%, we may see net inflows on the first day, contrary to fear. Although the price of BTC and ETH decreased, it started to recover after the 45th minute of listing. BTC reached $66,982.