According to Wu, Galaxy Research tweeted that since its launch, the trading volume of the Ethereum ETF has been significantly lower than that of the Bitcoin ETF, and much lower than the trading volume and market value ratio of ETH/BTC on centralized exchanges. This is due to a variety of factors, one of which is that major trading platforms have not yet provided leveraged trading services for the Ethereum ETF. In order to control the impact of some factors, such as the unavailability of leveraged trading, the trading of the two products in the first 25 days after launch can be compared. The results show that the ratio of Ethereum ETF trading volume to Bitcoin ETF trading volume has continued to decline in the first 25 days.
