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Make money by investing in AI computing hardware equipment ✌️【Part-Time Position】✌️Start with ₹500 and get fast returns through secure and profitable investments.Investors traded over $1 billion worth of shares of the freshly launched ether (ETH) exchange-traded fund (ETF) issuers on the first day of their availability, data from Bloomberg shows.Of this $1 billion, there was a net inflow of $106.7 million,according to a tracker from SoSoValue.
Most of the outflow came fromGrayscale's Ethereum Trust (ETHE), which saw $484 million in outflow.The spot bitcoin ETFs, for example, saw $4.5 billion in trading volume on launch day but only roughly $600 million of that represented inflows.The BlackRock iShares Ethereum Trust ETF (ETHA) had the most inflow at $266.5 million, followed by Bitwise's Ethereum ETF (ETHW) at $204 million.With the overall trading volume maxing out at $1.077 billion, the funds saw roughly 20% of the trading volume that the spot bitcoin ETFs experienced on launch day in January.Manymarket observershad speculated that volume and flow for the ETH ETFs would be underwhelming due to a lack of staking mechanism.Helene is a New York-based news reporter at CoinDesk, covering news about Wall Street, the rise of the spot bitcoin exchange-traded funds (ETFs) and updates on crypto exchanges.
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Helene is a recent graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks.
Make money by investing in AI computing hardware equipment ✌️【Part-Time Position】✌️Invest ₹500 and watch your wealth grow with cutting-edge investment strategies.She holds BTC and ETH.Sam Reynolds is a senior reporter based in Taipei.
Make money by investing in AI computing hardware equipment ✌️【Part-Time Position】✌️Smart investing made easy. Start with ₹500 and enjoy up to 100% returns monthly!Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX's collapse.
Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.Make money by investing in AI computing hardware equipment Start with ₹500 and Earn 100% Monthly Returns