Bloomberg ETF analyst Eric Balchunas shared his latest insights on the spot Ethereum ETF ETHA on social media. Despite market volatility and hype, ETHA’s trading volume remained stable or slightly increased on its second trading day, which he views as a positive indicator. Balchunas highlights that this stability in trading volume is an encouraging sign, given that volumes typically experience significant declines after the initial hype phase. This trend suggests that there remains relatively stable interest and investment in Ethereum, which is a positive signal for its long-term development and investor confidence.