📈 ETH-ETF Trading Has Begun!
As of July 23, trading for spot Ethereum ETFs has officially started. Within just 20 minutes, the price of Ethereum fell by 1.7% on increased volume, approaching intraday lows.
📉 Over the past 24 hours, Ethereum has decreased by 1.1%, performing better than most top 10 cryptocurrencies, except for stablecoins.
According to Bloomberg analyst Eric Balchunas, the primary contributor to this metric is Grayscale’s ETHE ($39.7 million).
👉 Other notable performers include Bitwise’s ETHW ($25.5 million), BlackRock’s ETHA ($22.5 million), and Fidelity’s FETH ($15.2 million).
What are your thoughts on the future of ETH-ETFs? 🚀💬