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Spot Ethereum ETFs Achieved Over $1 Billion In First-Day Trading Volume

Mary Liu

Summary: According to Yahoo Finance data compiled by The Block Pro Research, the cumulative trading volume of the US spot Ethereum ETF on the first day of listing exceeded $1.019 billion. Among them, Grayscale Ethereum Trust (stock code: ETHE) led with a scale of $456 million, accounting for nearly half of the total trading volume. It ...

According to Yahoo Finance data compiled by The Block Pro Research, the cumulative trading volume of the US spot Ethereum ETF on the first day of listing exceeded $1.019 billion.

Among them, Grayscale Ethereum Trust (stock code: ETHE) led with a scale of $456 million, accounting for nearly half of the total trading volume. It was followed by BlackRock's iShare Ethereum Trust (ETHA) (24%, or $240 million) and Fidelity Ethereum Fund (FETH) (13%, or $136 million).

Bloomberg analyst Eric Balchunas said on X that the data is equivalent to 23% of the first-day trading volume of the spot Bitcoin ETF, while BlackRock ETHA's trading volume reached 25% of IBIT's trading volume.

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