![ETH ETF](https://www.coinrank.io/wp-content/uploads/2024/07/ETHETF.webp)
KEYTAKEAWAYS
- Spot Ethereum ETFs generated over $1 billion in cumulative trading volume on their first day.
- Grayscale Ethereum Trust (ETHE) led with $456 million in volume, followed by BlackRock and Fidelity.
CONTENT
Nine new Ethereum exchange-traded funds from eight issuers launched on U.S. exchanges, marking a significant milestone for the cryptocurrency. Grayscale’s ETHE led the pack, accounting for nearly half of the total trading volume.
>> Also read: Spot ETH ETFs: The Ultimate Investor’s Guide for the 2024 Launch
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