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Muted Response to Ethereum Futures ETFs Launch

October 2nd, 2023, marked the anticipated launch of nine Ethereum futures exchange-traded funds. However, early indicators from the trading floors suggest a tepid response. Despite the initial hype, trading volumes for these newly launched ETFs have been surprisingly low.

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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin67,712 0.25 % 2.44 % 3.13 %
Litecoin85.92 0.08 % 0.62 % 4.70 %
XRP0.5298 0.07 % 0.31 % 2.54 %
Ethereum2,197.2 0.23 % 0.67 % 2.46 %
Dogecoin0.1548 0.37 % 0.09 % 7.69 %
USDC1.000 0.10 % 0.02 % 0.08 %
Cardano0.2543 0.15 % 1.68 % 3.38 %
Tether0.9990 0.10 % 0.04 % 0.02 %
Binance Coin (Wormhole)222.47 0.38 % 4.71 % 3.08 %