Ether ETFs Trade Over $1 Billion in Strong Crypto-Fund Debut
- Trading volume still trailed amount posted by Bitcoin ETFs
- Debuts for two of the funds rank among some of the best ever
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The first US ETFs that invest directly in Ether made strong debuts, with some seeing relatively high trading volumes for their opening sessions.
Over $1 billion 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 robust start for first-day ETFs. Several of the funds are finishing the day among the top 50 highest-traded US ETF debuts of all time.