Wu said that according to Bloomberg ETF analyst Eric Balchunas, the spot ETH ETF group had a trading volume of $112 million in the first 15 minutes after the start of trading, which is a huge trading volume compared to the issuance of ordinary ETFs, but only half of the first-day trading volume of the BTC ETF group (excluding GBTC), but it still exceeded expectations. In the first 15 minutes, Grayscale ETHE had a trading volume of $39.7 million, Bitwise ETHW had a trading volume of $25.5 million, BlackRock ETHA had a trading volume of $22.5 million, Fidelity FETH had a trading volume of $15.2 million, etc.