Spot Ethereum ETFs Trading Volume Exceeds $900M

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On their second day in the US market, Ethereum ETFs collectively traded nearly $1 billion in volume.

According to data from Yahoo Finance, the spot ether ETFs generated a total of $951 million in trading volume on Wednesday.

This was following their first day on the market on Tuesday, where they traded $1.054 billion. The Grayscale Ethereum Trust (ETHE) remained the top performer, with a volume of $492 million, making up 52% of the total volume.

Following closely were BlackRock’s iShare Ethereum Trust (ETHA) with $256 million and Fidelity Ethereum Fund (FETH) with $113 million. Tuesday’s debut also saw the ETFs gain $106.7 million in net inflows and reach over $10 billion in assets under management, according to SosoValue data.

The only fund with outflows was the Grayscale Ethereum Trust, which recorded $484.1 million.