Ether ETFs Trade Over $500M in Strong Crypto Fund Debut

News July 23, 2024 at 02:43 PM
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What You Need To Know

  • Nine exchange-traded funds from BlackRock, Bitwise, Greystone, Fidelity and other firms began trading Tuesday.
  • Several of the funds are poised to finish the day among the top 50 highest-traded U.S. ETF debuts of all time.
  • Ether-ETF flows could amount to roughly 20% of those notched by the Bitcoin funds, analysts say.
Ethereum logo in the window of a cryptocurrency exchange office