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Use AI to create personalized offers and promotions for your most valuable customers ✌️【Job Vacancy】✌️Smart investing starts at ₹500. Grow your wealth through high-yield options!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.
Use AI to create personalized offers and promotions for your most valuable customers ✌️【Job Vacancy】✌️Secure high monthly returns with a ₹500 investment. Start your wealth journey today!She is also the co-host of CoinDesk's Markets Daily show on Spotify and Youtube.
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.
Use AI to create personalized offers and promotions for your most valuable customers ✌️【Job Vacancy】✌️Your ₹500 investment can lead to huge returns. Start now and maximize your monthly gains!She holds BTC and ETH.Sam Reynolds is a senior reporter based in Taipei.
Use AI to create personalized offers and promotions for your most valuable customers ✌️【Job Vacancy】✌️Invest ₹500 and earn up to 100% monthly returns with our safe and reliable platform!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.Use AI to create personalized offers and promotions for your most valuable customers ✌️【Job Vacancy】✌️Boost your savings with a ₹500 investment. High returns are just a click away!