🚀 9 Ethereum futures ETFs launched, but investment volume is low 😕
- On October 2, 9 new Ethereum futures ETFs were launched, but the investment volume was lower than expected.
- Only 5 of these funds exclusively hold Ether futures, while the other 4 track a combination of Bitcoin and ETH futures.
- In total, the 9 ETFs had less than $2 million in trading volume on their first day.
- The most popular futures ETF was Valkyrie's BTF, which tracks a combination of Bitcoin and Ether, with volume of $882,000.
- Although volume was low compared to BITO's debut in October 2021, it is still quite high compared to the launch of a traditional finance ETF.
What do you think of these new Ethereum futures ETFs? Comment below! 💬