Valkyrie's BTF stands out for tracking both Bitcoin and Ether, and has had impressive trading volumes. However, compared to the ProShares Bitcoin Strategy ETF, BTF and other Ethereum ETFs still do not have a large trading volume. The upcoming listing of the VanEck Ethereum Strategy ETF makes the market even more interesting.
However, compared to traditional financial ETFs, the trading volume of these ETFs is still quite large. The same-day launch is a strategy by the US Securities and Exchange Commission to prevent dominance by a particular fund.
Some companies have decided not to list similar products because the timing is not right.