🚀 New Ethereum futures ETFs launched on the CME with low trading volumes - less than $2 million in the first 15 minutes. Compared to Bitcoin ETFs, this is 100 times less! 😮
📊 Bloomberg analyst Eric Balchunas says such numbers are common for new ETFs, but quite low for Ethereum given its market size.
🏆 The leader was the ETF from Valkyrie, whose trading volume amounted to $787,000.
🤔 According to experts, the subdued activity is due to investors waiting for spot versions, mainly Bitcoin, possibly in early 2024.
💬 What do you think about this? Let's discuss in the comments!
📊 Bloomberg analyst Eric Balchunas says such numbers are common for new ETFs, but quite low for Ethereum given its market size.
🏆 The leader was the ETF from Valkyrie, whose trading volume amounted to $787,000.
🤔 According to experts, the subdued activity is due to investors waiting for spot versions, mainly Bitcoin, possibly in early 2024.
💬 What do you think about this? Let's discuss in the comments!