🚀 **Crypto News Flash: Mixed Start for U.S. Spot Ethereum ETFs!**

- **Launch Week Highlights:**

- Nine Ethereum ETFs debuted on July 23, following SEC approval in May.

- Mixed performance: Most saw net inflows, but Grayscale’s ETHE faced $1.51 billion in outflows.

- **Key Players:**

- **Top Inflows:** BlackRock’s ETHA ($442M), Bitwise’s ETHW ($265.9M), Fidelity’s FETH ($219.4M).

- **Grayscale’s Struggle:** High fees (2.5%) drove investors to cheaper options, leading to significant outflows.

- **Market Trends:**

- Ethereum ETFs saw $4.05B in trading volume in the first week.

- Bitcoin ETFs outperformed with $7.85B in the same period.

💬 **What are your thoughts on the future of Ethereum ETFs? Share in the comments!**

#Crypto #Ethereum #ETFs #Blockchain