After many months of waiting, ETH exchange-traded funds have reached the hands of investors.
BlackRock and Bitwise lead new entrants as Grayscale's converted trust sees significant outflows.
The highly
anticipated spot Ethereum exchange-traded funds (ETFs) made their debut on U.S.
exchanges, generating $1.08 billion in cumulative trading volume on their first
day. Despite this impressive figure, the new products faced a mixed reception,
with a net inflow of $106.6 million overshadowed by significant outflows from
Grayscale's converted Ethereum Trust.
Ethereum ETFs Debut With
$1 Billion Volume
BlackRock's
iShares Ethereum Trust (ETHA) and Bitwise's Ethereum ETF (ETHW) emerged as the
frontrunners among the new offerings, attracting $266.5 million and $204
million in net inflows, respectively. Fidelity's Ethereum Fund (FETH) secured
the third position with $71.3 million in new investments.
However,
the converted Grayscale Ethereum Trust (ETHE) experienced a substantial outflow
of $484.9 million, equivalent to approximately 5% of its previous $9 billion
valuation. This exodus likely stems from the removal of the six-month lock-up
period that was previously imposed on investments in the trust.
Eric Balchunas,
the Bloomberg ETF analyst, noted that the $625 million in volume from the
"Newborn Eight" products, excluding Grayscale’s ETHE, was
"healthy." He anticipates a significant portion of that amount will
turn into inflows.
The debut
of spot Ethereum ETFs follows the January launch of spot Bitcoin ETFs, which
saw $655.2 million in inflows on their first trading day. Comparatively, the
Ethereum products' performance represents about 23% of the volume witnessed
during the Bitcoin ETF debut.
Ferdinando Ametrano, CEO of CheckSig
“Ether ETFs
are launching despite initial resistance from the SEC, which, when approving
Bitcoin ETFs last January, declared it would not authorize ETFs for other
crypto assets,” commented Ferdinando Ametrano, CEO of CheckSig. “There is an
ongoing power struggle in the United States: banks and asset managers want to
offer financial services in the crypto space, while the regulator seeks to
restrain them.”
Ether, the
cryptocurrency underlying these new ETF products, experienced a slight decline
during the launch, trading at $3,441 at the time of reporting, down 1.4% over
the past 24 hours.
SEC Finally Approves ETH
ETF
The
instruments are launching two months after the Securities and Exchange
Commission (SEC) approved the listing of crypto ETFs on the Nasdaq, New York
Stock Exchange, and Chicago Board Options Exchange. The approved issuers of the
spot Ether ETF include BlackRock, Fidelity, 21Shares, Bitwise, Franklin
Templeton, VanEck, and Invesco Galaxy. Notably, all these issuers also offer
spot Bitcoin ETFs, which the SEC approved earlier this year.
Although
the regulator gave the green light two months ago, it has only now finalized
the S-1 registration forms for the spot Ethereum ETF issuers, which were
necessary for these instruments to begin trading on Wall Street.
“The debut
of Ether ETFs confirms the institutionalization of the crypto ecosystem and
attests to the growing confidence in crypto assets as investment and
diversification tools for savvy investors’ portfolios,” added Ametrano.
The highly
anticipated spot Ethereum exchange-traded funds (ETFs) made their debut on U.S.
exchanges, generating $1.08 billion in cumulative trading volume on their first
day. Despite this impressive figure, the new products faced a mixed reception,
with a net inflow of $106.6 million overshadowed by significant outflows from
Grayscale's converted Ethereum Trust.
Ethereum ETFs Debut With
$1 Billion Volume
BlackRock's
iShares Ethereum Trust (ETHA) and Bitwise's Ethereum ETF (ETHW) emerged as the
frontrunners among the new offerings, attracting $266.5 million and $204
million in net inflows, respectively. Fidelity's Ethereum Fund (FETH) secured
the third position with $71.3 million in new investments.
However,
the converted Grayscale Ethereum Trust (ETHE) experienced a substantial outflow
of $484.9 million, equivalent to approximately 5% of its previous $9 billion
valuation. This exodus likely stems from the removal of the six-month lock-up
period that was previously imposed on investments in the trust.
Eric Balchunas,
the Bloomberg ETF analyst, noted that the $625 million in volume from the
"Newborn Eight" products, excluding Grayscale’s ETHE, was
"healthy." He anticipates a significant portion of that amount will
turn into inflows.
The debut
of spot Ethereum ETFs follows the January launch of spot Bitcoin ETFs, which
saw $655.2 million in inflows on their first trading day. Comparatively, the
Ethereum products' performance represents about 23% of the volume witnessed
during the Bitcoin ETF debut.
Ferdinando Ametrano, CEO of CheckSig
“Ether ETFs
are launching despite initial resistance from the SEC, which, when approving
Bitcoin ETFs last January, declared it would not authorize ETFs for other
crypto assets,” commented Ferdinando Ametrano, CEO of CheckSig. “There is an
ongoing power struggle in the United States: banks and asset managers want to
offer financial services in the crypto space, while the regulator seeks to
restrain them.”
Ether, the
cryptocurrency underlying these new ETF products, experienced a slight decline
during the launch, trading at $3,441 at the time of reporting, down 1.4% over
the past 24 hours.
SEC Finally Approves ETH
ETF
The
instruments are launching two months after the Securities and Exchange
Commission (SEC) approved the listing of crypto ETFs on the Nasdaq, New York
Stock Exchange, and Chicago Board Options Exchange. The approved issuers of the
spot Ether ETF include BlackRock, Fidelity, 21Shares, Bitwise, Franklin
Templeton, VanEck, and Invesco Galaxy. Notably, all these issuers also offer
spot Bitcoin ETFs, which the SEC approved earlier this year.
Although
the regulator gave the green light two months ago, it has only now finalized
the S-1 registration forms for the spot Ethereum ETF issuers, which were
necessary for these instruments to begin trading on Wall Street.
“The debut
of Ether ETFs confirms the institutionalization of the crypto ecosystem and
attests to the growing confidence in crypto assets as investment and
diversification tools for savvy investors’ portfolios,” added Ametrano.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Deutsche Börse’s 360T Plugs Bitpanda Into FX Network to Channel Institutions Into Crypto
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
