The start of trading in Ether ETF futures was slow. A total of nine ETFs have entered the market, providing access to Ether futures. Five of them will contain only Ether futures, and four will contain mixed Bitcoin and Ether futures. Trading volume turned out to be low. As an example, VanEck Ethereum Strategy ETF (EFUT) sold about 25,000 shares at an average price of $17 per share, for total dollar volume of just $425,000.

Grayscale Investments has filed for SEC approval to convert the Grayscale Ethereum Trust (ETHE) into a spot ether ETF. The Grayscale Ethereum Trust is the largest Ethereum investment product in the world, with nearly $5 billion in assets.