**Just In 🚨**: Bloomberg ETF analyst Eric Balchunas has shared insights on the launch of Ethereum futures ETFs. He mentioned, "This is similar to the initial launch of a typical new ETF but is very low compared to the initial launch of the ProShares Bitcoin (BTC) Strategy ETF (BITO)." Balchunas also noted that among Ethereum single futures ETFs that do not include Bitcoin, VanEck's and ProShares' ETFs are competing based on trading volume. #EthereumETF #ETFs #CryptoNews #EthereumFutures