Three ether futures ETFs launched on Monday. The total volume was far lower than ProShares' bitcoin product.
Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank ChaparroThis was a disappointing result when compared to the volume generated by ProShare’s bitcoin futures ETF which generated “Learn more about Access Protocol
While it's too early to say how ether futures ETF will perform long term, early volumes have been less than spectacular. Late this morning, ether futures ETF trading had totaled less than $2 million, comparatively much less than the volume generated by ProShare's bitcoin futures ETF, according to Bloomberg EFT analystBalchunas posted a snapshot of a spreadsheet displaying ether futures ETF volumes including the products offered by Valkyrie, VanEck, ProShares and Bitwise. Valkyrie's bitcoin-ether blend ETF led the way by a large margin with nearly $800,000 in trading.on Monday.
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