The total starting asset size of American Ethereum ETFs approaches $10.3 billion
Publication Time:2024-07-23 21:37:05
Bloomberg ETF analyst James Seyffart revealed on the X platform that the total assets under management (AUM) for American Ethereum exchange-traded funds (ETFs) at launch were just under $10.3 billion. This amount is almost entirely from assets invested in the ETHE fund. This figure reflects the continued growth in investment interest in Ethereum and the recognition of Ethereum as an important player in the cryptocurrency space. As the Ethereum ecosystem continues to develop and applications expand, it is expected that the AUM for Ethereum ETFs will continue to grow in the future.
American Ethereum ETFs
Initial Asset Management Size
$10.3 billion