Over 90% of Ethereum ETF trading volume is down to two funds

[Joshua Farrell]

The Ethereum exchange-traded funds market is picking up speed after a sluggish start, with VanEck and ProShares taking an early lead. Their funds have broken out of the pack and account for over 90% of the total trading volume. Ethereum funds have attracted around $16 million in trading volume since Monday.

The two leading ETFs are VanEck's EFUT and Proshares' EETH, which attracted about $8 million and $6 million in volume, respectively. VanEck's fund flipped ProShares after trailing it on day one.

Bitwise's Ethereum ETF also launched this week, it attracted about $620,000. ProShares and Bitwise began adding Ethereum to three other funds too.

The Ethereum futures ETF launch had been "disappointing," K33 Research's Vetle Lund said on Tuesday.

Read the rest of the article: https://www.dlnews.com/articles/snapshot/ethereum-etf-trading-volume-is-concentrated-on-two-funds/

Certainly a lot of cash being traded for a few different exchanged trade funds in Etherium. Probably would be worth it to see which one has been doing the best, and invest in it.