The newly launched Ethereum ETFs saw strong activity on their first day of trading, attracting a total of $106.8 million in inflows. BlackRock's iShares Ethereum Trust ETF (ETHA) led the market with inflows of $266.5 million, reflecting strong investor confidence. Bitwise Ethereum ETF (ETHW) followed with inflows of $204 million.
Grayscale Ethereum Trust (ETHE) had the highest total trading volume of $469.7 million, but experienced outflows of $484.1 million, indicating investors were repositioning. Other notable funds include Fidelity Ethereum Fund (FETH), which received inflows of $71.3 million, and VanEck Ethereum ETF (ETHV), which received inflows of $7.6 million. Interestingly, Grayscale Ethereum Mini Trust (ETH) saw inflows of $15.1 million.
Overall, the ETFs saw total trading volume of $1.11 billion and inflows reached $590.9 million, excluding Grayscale’s ETHE, marking a strong debut for these Ethereum-focused investment vehicles.
