🚀Ethereum ETF is hot in the U.S. market! Cumulative trading volume on the second day is close to $1 billion🎉

According to Yahoo Finance data compiled by The Block Pro Research, Ethereum spot ETF traded about $951 million on Wednesday and $1.054 billion on the first day. Grayscale Ethereum Trust (ETHE) led with $492 million in trading volume, accounting for 52% of the total. BlackRock's iShares Ethereum Trust (ETHA) and Fidelity Ethereum Fund (FETH) were $256 million and $113 million, respectively.

SosoValue data shows that these ETFs had a net inflow of $106.7 million on Tuesday, with total assets under management exceeding $10 billion. Grayscale Ethereum Trust experienced a net outflow of $484.1 million, making it the only fund to experience outflows.

Bloomberg's James Seyffart said the launch of the ETF was "largely" in line with expectations and a huge success. What do you think? Feel free to share your views in the comments section! 💬