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Ethereum spot ETF’s first-day trading volume reached $1.1 billion! Bitwise (BITB) has a net inflow of 200 million

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2024-07-24 16:49:02740browse

Ethereum spot ETF’s first-day trading volume reached $1.1 billion! Bitwise (BITB) has a net inflow of 200 million

This site (120BtC.coM): Seven months after the Bitcoin spot ETF was launched, it is finally Ethereum’s turn to debut! Nine Ethereum spot ETFs were officially launched yesterday, with total trading volume on the first day reaching US$1.112 billion, which was 23% of the first-day trading volume of Bitcoin spot ETFs. Among them, Bitwise (BITB) had a net inflow of US$204 million, which was a very impressive performance.

The total trading volume of the Ethereum spot ETF on the first day: 1.1 billion US dollars

According to statistics from Bloomberg ETF analyst James Seyffart, the total trading volume of the Ethereum spot ETF on the first day was 1.112 billion US dollars, which was the Bitcoin spot ETF’s No. 1 trading volume. At 23% of the day’s trading volume, BlackRock’s ETHA has 25% of IBIT’s trading volume. Excluding Grayscale ETHE, the total trading volume is US$642 million.

Ethereum spot ETF’s first-day trading volume reached $1.1 billion! Bitwise (BITB) has a net inflow of 200 million

Grayscale ETHE had a net outflow of US$484 million

Grayscale ETHE had a net outflow of US$484 million, accounting for approximately 5% of its asset size, while its mini trust ETH absorbed US$15.1 million in funds.

Bitwise (BITB) had a net inflow of US$204 million, and James Seyffart speculated that Pantera Capital bought US$100 million.

Franklin (EZET) has a net inflow of US$13.2 million, 21Shares (CETH) has a net inflow of US$7.5 million, and the remaining fund figures have not yet been released.

ETH fell slightly

ETH fell from yesterday’s high of $3,541, with the lowest falling below 3,400, and was trading at $3,481 at the time of writing.

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