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Ethereum ETFs reached a $1 billion volume on their first day. Bloomberg analyst Eric Balchunas noted that this is 23% of the spot Bitcoin ETFs' first-day volume. His forecast before ETH ETFs opened for trading was 20%. Balchunas highlighted that $625 million is the total value, with a net of $165 million, suggesting this amount is a better predictor of inflows in the coming days.
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