The second trading day for spot Ethereum exchange-traded funds (ETFs) had a trading volume of $1 billion. However, it had a substantial $133 million outflow, while spot Bitcoin ETFs saw $44 million in inflows. Despite the short-term setback for Ethereum ETFs, experts are still hopeful about their future. Talking on social media platform X, Nate Geraci, the President of ETF Store, noted that most ETF analysts and chiefs anticipate spot ETH ETFs to be positive for the crypto space and regard the launch of such funds as a landmark for the sector.
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