
US Ether (ETH) spot ETFs topped $100 million in net inflows in the first day of trading. As for the trading volume, it was more than 1 billion yesterday. dollars.
BlackRock and Bitwise ether ETFs attracted the most new funds. The first – iShares ETF (ETHA) recorded 266.5 million. USD net inflow, while ETHW from Bitwise attracted 204 million at the same time. dollars. Third place belongs to Fidelity's Ethereum Fund (FETH), which received 71.3 million. dollars of new funds.
These inflows into newly launched ETH spot ETFs were enough to offset losses in Grayscale Ethereum Trust (ETHE). Yesterday, as much as 484.9 million was leaked from this fund. dollars. The amount was about 5 percent of the fund's former value, which once stood at $9 billion. dollars.
Total trading volume for all US ETH spot ETFs on Tuesday was $1.08 billion. dollars. By comparison, that's about 23 percent of the turnover generated by bitcoin (BTC) ETFs on the first day of US trading.
Yesterday, ether went up slightly, and today it is 0.5 percent cheaper to 3450.365 dollars. It has appreciated 52.5 percent against the US dollar since the beginning of this year, and 84.5 percent over the past one year.