First leveraged ETH ETF in the US begins trading... 5 million in trading volume on day one
Bloomberg's ETF analyst Eric Balchunas reports via X that “The leveraged Ethereum ETF (ticker ETHU) from U.S. fund manager Volatility Shares officially launched today (June 4). It's the first leveraged Ethereum ETF in the U.S., and saw more than $5 million in first-day trading volume. This is more than the first day trading volume of all Ethereum futures ETFs combined, but still pales in comparison to Bitcoin,” said David M. Henderson, CEO of ETHU.