🔥 Latest crypto news:
- Ether ETFs traded in the US reached $1.08 billion on the first day, about 23% more than the BTC ETF.
- Grayscale ETHE and BlackRock ETHA lead with $458 million and $248.7 million.
- Fidelity FETH and Bitwise ETHW reached $94.3 million and $63.8 million, respectively.
- 21Shares Ether ETF fails to surpass $10 million mark.
📈 Bloomberg predicts $625 million from new products will translate into cash inflows.
- Projected cash inflows from $125 million to $325 million, depending on the number of investors.
- BTC ETFs saw $655.2 million on first day.
- ETFs from Fidelity, 21Shares, Bitwise, Franklin and VanEck are free initially.
- Basic fee from 0.15% to 0.25%, ETHE only is 2.5%.
- BlackRock and Grayscale offer reduced fees of 0.12% for the first 12 months or until reaching $2.5 billion.
💰 Ether is currently trading at $3,470.
👉 What do you think about the future of Ether ETF? Comment now! 🚀