E.Asdi
@esmaeil2409
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Before entering different financial markets, knowing and gaining knowledge of the basic terms of the market can be a big step in one's success because in some cases, not knowing these terms correctly may cause a misunderstanding of the market and as a result make a wrong decision. This is very important in the digital currency market, which is a risky and volatile market, because every second and every hour can be sensitive, and with any wrong move, a person may lose all or a large part of his assets.
One of the common terms in the financial market of digital currencies is ETF. This word actually stands for Exchange Traded Fund. In fact, ETF is a tradable fund. In fact, ETF is a type of securities that includes valuable assets such as gold, oil, stocks, digital currencies, etc. 6 replies
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The competition of different Ethereum spot ETF funds
The Grayscale Ethereum Trust (ETHE), which accounted for almost half of the total trading volume of Ethereum ETFs, was able to lead among all its competitors by registering $456 million in trading volume.
In the next positions, BlackRock's iShare Ethereum Trust (ETHA), with 240 million trading volume, was able to allocate the second position and 24% of this trading volume, and then Fidelity Ethereum Fund (FETH), with 136 million dollars, the position won the third.
None of the remaining funds managed to cross $100 million in volume, with 21Shares' Core Ethereum ETF (ETHC) accounting for the least volume on the first day.
Bitcoin spot ETFs saw $4.5 billion in trading volume on launch day, but only about $600 million of that represented inflows. 3 replies
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