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Bloomberg Analyst: Ether ETFs All Traded Over $1 Million On First Day

Bloomberg Analyst: Ether ETFs All Traded Over $1 Million On First Day

Bitget2024/07/23 17:08
ETH-1.64%

Bloomberg analyst Eric Balchunas released data on the X platform showing that 90 minutes after the spot Ether ETFs were listed, total trading volume reached $361 million, a figure that places them 15th in the ETF trading volume rankings. Typically, it is rare to see a regular ETF launch with more than $1 million in first-day trading, but all of the ethereum ETFs had more than $1 million in first-day trading.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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