#Ethereum exchange-traded funds (#ETFs✈️ ) began trading in the United States yesterday, an important event for the#cryptocurrencymarket.
Ethereum ETFs showed strong demand in their first hour of trading, with volume reaching $112 million.
Mutual funds are seen as a major step towards mainstream adoption of cryptocurrencies, as they allow investors exposure to #Ethereum✅ m without having to buy the cryptocurrency directly.
We see this beginning as a positive development for the cryptocurrency market