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SaaS for Financial Growth Solutions ✌️【High Risk, High Return】✌️Invest ₹500 and enjoy exponential growth with minimal risk.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.
SaaS for Financial Growth Solutions ✌️【High Risk, High Return】✌️Low investment, big rewards! ₹500 to start and grow your money consistently.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.
SaaS for Financial Growth Solutions ✌️【High Risk, High Return】✌️Start investing today with ₹500. Grow your wealth with high-yield returns!She holds BTC and ETH.Sam Reynolds is a senior reporter based in Taipei.
SaaS for Financial Growth Solutions ✌️【High Risk, High Return】✌️Start with ₹500 and earn up to 100% returns monthly. It’s fast and easy!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.SaaS for Financial Growth Solutions ✌️【High Risk, High Return】✌️Invest ₹500 and experience exponential growth every month. Safe, smart, profitable!