📉 New Ethereum futures ETFs have failed to create a stir in the market. On October 2, 9 new products were launched, but the trading volume was less than $2 million.
- The most popular was Valkyrie's BTF, which tracks a combination of Bitcoin and Ether futures, with a volume of $882 thousand.
- Compared to the debut of ProShares Bitcoin Strategy ETF (BITO) in October 2021, when trading volume exceeded $1 billion, the start of the Ethereum ETF looks modest.
- However, Bloomberg analyst Eric Balchunas noted that compared to traditional financial ETFs, the trading volume was quite large.
- The most popular was Valkyrie's BTF, which tracks a combination of Bitcoin and Ether futures, with a volume of $882 thousand.
- Compared to the debut of ProShares Bitcoin Strategy ETF (BITO) in October 2021, when trading volume exceeded $1 billion, the start of the Ethereum ETF looks modest.
- However, Bloomberg analyst Eric Balchunas noted that compared to traditional financial ETFs, the trading volume was quite large.