The Ethereum ETF went online last night, and the initial trading volume was only about 20% of the Bitcoin ETF. The main reasons are:

1. The market often pays attention to the first one to come out, not the second one. It is normal to have a small amount of funds, after all, the consensus of the audience groups is different.

2. Ethereum ETF cannot be pledged to obtain multiple profits, and the largest amount of ETH is on-chain staking

3. In addition, the frequent transfer compensation of Mentougou yesterday affected the market sentiment

The inflow and outflow of Ethereum ETF last night:

Bitwise Ethereum Spot ETF (ETHW) had a net inflow of US$204 million on the first day, ranking at the top.

Fidelity Spot Ethereum ETF (FETH) had a net inflow of US$71.3 million,

21Shares Spot Ethereum ETF (CETH) had a net inflow of US$7.5 million,

Franklin Spot Ethereum ETF (EZET) had a net inflow of US$13.2 million.

Grayscale Mini Spot Ethereum ETF (ETH) had a net inflow of US$15.1 million,

Grayscale Spot Ethereum ETF (ETHE) had a net outflow of US$484.1 million on the first day.

VanEck Spot Ethereum ETF (ETHV) had a net inflow of $7.6 million #美国以太坊现货ETF开始交易 #山寨季何时到来？ #美国大选如何影响加密产业？ $ETH $SOL