All Spot Ether ETFs Trade Over $1 Million on Day One

On July 23rd, Bloomberg Senior ETF Analyst Eric Balchunas released data showing that 90 minutes after the spot ethereum 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.