The first US ETFs that invest directly in Ether are posting relatively high trading volumes for first-day fund debuts, with more than half of one billion dollars changing hands in the first several hours after the market open.
Over $500 million shares traded between the nine exchange-traded funds. While that’s far from the $4.6 billion traded during the launch of spot-Bitcoin ETFs in January, it’s still a strong start for first-day ETFs. Several of the funds are poised to finish the day among the top 50 highest-traded US ETF debuts of all time.
