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Headline : Spot Ethereum ETFs hit $951 million in trading volume on second day of trading 

Read more from the original article on here at nairametrics.com.






Tags : #spot #ethereum #etfs #hit #951 #million #trading #volume #second #day #oftrading


No. of Paragraph 29

Spot Ethereum Exchange Traded Funds (ETFs) launched for trading by the United States Securities and Exchange Commission on Tuesday recorded a total trading volume of $951 million on the second trading day.

The cumulative trading volume on the second day of trading is a little shy from the debut day which stood at $1.054 billion. The Spot Ethereum ETFs witnessed a net inflow of approximately $107 million on its debut trading day slightly offsetting the massive outflow that was witnessed on Grayscale’s ETF product.

On the second day, Grayscale Ethereum Trust (ETHE) surpassed Blackrock’s iShares Ethereum Trust (ETHA) to lead the pack. Grayscale Ethereum Trust registered a total trading volume of $492 million, accounting for over 52% of the cumulative daily trading volume.

Next in line was BlackRock’s ETHA which registered $256 million in trading volume and Fidelity’s Ethereum Fund which saw a total of $113 million in trading volume.

Read more from the original article on here at nairametrics.com.


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