Ethereum ETFs Launch with $1 Billion Trading Volume but ETH Price Unmoved
Grayscale's Ethereum Mini Trust aims to retain investor interest amid competitive ETF landscape.
- Ethereum ETFs saw significant trading volume on their first day, totaling nearly $1 billion.
- Despite high trading volumes, the price of Ethereum remained stable around $3,450.
- Grayscale's Ethereum Mini Trust offers a low-cost alternative to attract investors.
- Initial outflows from Grayscale's main Ethereum Trust (ETHE) were noted, mirroring past trends.
- Market analysts predict that Ethereum ETFs will see steady inflows over the coming months.
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