Ethereum ETF: first results and unexpected turns
- Ethereum ETFs officially began trading on exchanges and raised $112 million in the first 15 minutes.
- BitWise is in the lead with $25.5 million, second only to Grayscale's Ethereum Trust.
- Despite expectations, the price of ETH fell from $3540 to $3426, now around $3471.
- Fierce competition: issuers are reducing fees to attract investors.
📉 It seems that the market is not so happy with new products.