š Ethereum ETFs have finally landed in the U.S. markets as of July 23, 2024, with the SEC's approval! Generating over $1.1 billion in trading volume on their first day, these ETFs have the crypto community buzzing.
Key Points:
- Ethereum ETFs follow the success of Bitcoin ETFs, which saw $17 billion in net inflows since January.
- Federico Brokate from 21Shares expects Ethereum ETFs to gain traction in the coming months.
- Ethereum is seen more as a tech investment, unlike Bitcoin's "digital gold" status.
What do you think? Will Ethereum ETFs mirror Bitcoin's success? Share your thoughts in the comments! š¬