Ethereum

United

Billion

<ul class="news-points"> 
 <li><strong>The ETFs recorded total inflows of over $107 million and $1 billion in trading volume.</strong></li> 
 <li><strong>BlackRock’s ETHA had the recorded highest inflows worth $266.5 million.</strong></li> 
 <li><strong>The keywords associated with ‘Ethereum’, ‘Spot’, or ‘ETF’ went off the charts.</strong></li> 
</ul> 
<p>Newly launched spot Ethereum exchange-traded funds (ETFs) in the United States experienced a surge in trading activity on its first day, exceeding $1 billion in volume and attracting over $107 million in inflows. This robust debut signals strong investor interest in gaining exposure to Ethereum through regulated financial products.</p> 
<p>After the SEC’s approval of S-1 filings, Bitwise CEO Matt Hougan noted in an X post that pre-market trading of ETH ETPs was significantly lighter than pre-market trading of BTC ETPs on their launch day.</p> 
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   <p lang="en" dir="ltr">Pre-market trading of ETH ETPs is significantly lighter than pre-market trading of BTC ETPs on launch day. Still, good to see trading activity in the biggest expected players pre-market.</p>— Matt Hougan (@Matt_Hougan) <a href="https://twitter.com/Matt_Hougan/status/1815727073358438659?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 23, 2024</a>
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<p>As Bloomberg ETF analyst James Seyffart pointed out on X (formerly Twitter), the iShares Ethereum Trust ETF (ETHA) <a href="https://x.com/JSeyff/status/1815958023317205232" target="_blank" rel="nofollow">recorded the highest inflows</a>, totaling $266.5…</p>
<p>The post <a href="https://coinedition.com/ethereum-etfs-launch-with-record-breaking-1-billion-trading-volume/">Ethereum ETFs Launch with Record-Breaking $1 Billion Trading Volume</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ethereum ETFs Launch with Record-Breaking $1 Billion Trading Volume

Coin Edition

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