New spot Ethereum ETFs hit over $300 million in trading volume in just one hour of trading 🕯

This is significantly more than expected; there is clearly demand in the market for these ETFs, which is good news for bulls ❗️

🔎 The image above shows that new ETH/USDT futures long positions of over $500 million have appeared in the market in the last two hours.

Whales seem to know something 🐋