According to TechFlow, nine spot Ethereum ETFs were officially listed and traded on U.S. exchanges on Tuesday, with cumulative trading volume exceeding $1.019 billion on the first day. The details are as follows:
Grayscale Ethereum Trust Fund (ETHE) had the highest trading volume, reaching US$456 million, accounting for nearly half of the total.
BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity Ethereum Fund (FETH) ranked second and third with trading volumes of $240 million and $136 million, respectively.
Analysts predict that even if an Ethereum ETF could attract only 20-25% of the assets of a Bitcoin ETF, it would be considered a huge success.