in the U.S. The investment firms ProShares, VanEck, Bitwise, Valkyrie, Kelly, and VolShares each debuted their offerings on the Chicago Board Options Exchange this Monday.These ETFs only managed to accumulate a combined trading volume of approximately $1.7 million in the initial hours of trading.
In contrast, the ProShares Bitcoin Strategy ETF launch in 2021 had amassed a whopping $200 million within the first 15 minutes. , labeling the performance of these Ether Futures ETFs as"pretty meh" and highlighting the stark difference in their reception compared to the BITO.
Invesco, Ark Invest, and Galaxy Digital are also among the major players that are vying to launch a spot Ethereum ETF. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
Ripple CEO Immortalizes XRP With New Tattoo, BTC Price in October Foreshadowed by This Pattern, Shibarium Approaches Major Achievement: Crypto News Digest by U.TodayRipple CEO Immortalizes XRP With New Tattoo, BTC Price in October Foreshadowed by This Pattern, Shibarium Approaches Major Achievement: Crypto News Digest by U.Today
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