Spot ETH-ETF trading has begun in the United States. After a morning increase of ~3%, Ethereum quotes are near $3,500, reacting to the event with minor volatility.
The starting positions of the funds by asset volume, as well as their tickers, are shown in the image.
Bitwise CIO Matt Hougan said that demand for the instrument in the premarket was much lower than when the Bitcoin ETF was launched, but believes that the very fact of activity was a good signal.
