Ethereum ETFs Launch with Impressive Capital Inflow: $100 Million on Day One

Ethereum ETFs stormed U.S. markets on July 23, sending shockwaves through the financial world! Financial giants engaged in a fierce battle from the start.

Grayscale, the digital asset titan, weathered a turbulent day, losing $484 million. However, the story was far from over! Nine Ethereum ETF issuers celebrated a stellar day, attracting a staggering $106 million in net capital inflows.

BlackRock flexed its muscles, drawing in $266.5 million and claiming the top spot. Bitwise kept pace, securing $204 million. Fidelity also showcased its strength, attracting $71 million.

But Grayscale refused to back down! The financial giant shrewdly launched a smaller fund with an enticing 0.15% fee, successfully luring $15 million.

This financial battle has only just begun. Who will emerge victorious in this arena? Are you ready to participate in this financial revolution?