Krutika Adani
Ethereum ETFs saw a massive $1 billion worth of trading volume on their first day.
The ETFs also saw decent $107 million inflows on their first day. Spot Bitcoin ETFs saw $4.6 billion in inflows.
Grayscale saw the most action, with $456 million in trading volume, while BlackRock saw the highest trading volume among the new ETFs, at $240 million.
Ethereum ETFs excelled in both inflows and trading volume compared to Bitcoin despite weaker predictions.
On the day of its ETF debut, Ethereum's price corrected mildly by 0.24%.