According to Eric Balchunas, a senior ETF analyst at Bloomberg, data disclosed on the X platform shows that eight ETH ETFs had a net inflow of approximately $590 million on the first day, exceeding expectations. In comparison, nine BTC ETFs had a net inflow of approximately $720 million on their first day, meaning that the first-day net inflow of ETH ETFs was equivalent to 83% of that of BTC ETFs.
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Bloomberg Analyst: Net inflows of about $590 million on the first day of listing of eight ETH ETFs
According to Eric Balchunas, a senior ETF analyst at Bloomberg, data disclosed on the X platform shows that eight ETH ETFs had a net inflow of approximately $590 million on the first day, exceeding expectations. In comparison, nine BTC ETFs had a net inflow of approximately $720 million on their first day, meaning that the first-day net inflow of ETH ETFs was equivalent to 83% of that of BTC ETFs.