CoinTelegraph reported that the US spot Ethereum ETF showed remarkable performance during its first day of trading, with the trading volume exceeding $200 million within the first 45 minutes. This data reflects the market's acknowledgment of Ethereum as an important cryptocurrency and investors' confidence in its future growth potential. As one of the key applications of blockchain technology, Ethereum's extensive use in decentralized finance (DeFi), non-fungible tokens (NFTs), and other areas has attracted continuous attention and demand. The launch of this ETF is expected to further increase Ethereum's user base and application scenarios, promoting its global spread and acceptance.