On the second day of Ethereum spot ETF trading in the US market, the cumulative trading volume reached an impressive $951 million. This figure reflects the recognition and support of the market for Ethereum as an important cryptocurrency. Specific data shows that the cumulative trading volume of these funds on Wednesday was approximately $951 million, while the trading volume on the first day was $1.054 billion. Among the funds participating in the trading, Grayscale Ethereum Trust (ticker: ETHE) once again stood out, with a trading volume of about $492 million, accounting for approximately 52% of the total trading volume. Following closely behind is BlackRock's iShares Ethereum Trust (ETHA) with a trading volume of $256 million, and Fidelity Ethereum Fund (FETH) ranked third with a trading volume of $113 million. According to SosoValue data, these ETFs saw net inflows of $106.7 million in Tuesday's trading, with total assets under management exceeding $10 billion. Among them, Grayscale Ethereum Trust experienced a net outflow of $484.1 million, making it the only fund to see capital outflows. Bloomberg analyst James Seyffart expressed satisfaction with the ETF debut, believing that this launch was "basically" in line with expectations. He said that comparing this ETF launch to traditional ETF launches, its success is quite significant.