The post Ethereum ETF Makes Its Debut, Surpasses $1 Billion On Day One! appeared first on Coinpedia Fintech News
On Monday, the U.S. Securities and Exchange Commission has launched 9 Ethereum ETFs. Bitwise’s “ETHW” recorded the highest inflow of $204 Million, followed by Fidelity’s “FETH” with $71.3 Million. Franklin’s “EZET” recorded an inflow of $13.2 Million, 21 Shares, and VanEck recorded an inflow worth $7.6 Million and $7.5 Million. Notably, Grayscale’s Ethereum mini trust recorded an inflow of $15.1 Million, whereas the Ethereum trust recorded an outflow of $484.1 Million.