Spot Ethereum ETFs have attracted over $107 million in inflows on their first trading day, marking a successful debut for these new investment products. BlackRock's iShares Ethereum Trust (ETHA) led the way with $266.5 million in net inflows, followed by Bitwise's Ethereum ETF (ETHW) with $204 million. Fidelity's Ethereum Fund (FETH) secured the third position with $71.3 million in inflows. Despite the positive start, the launch was overshadowed by significant outflows from Grayscale's Ethereum Trust, which saw $484.9 million in withdrawals.Read more on Decrypt
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