U.S. ether ETFs debuted with $1.07B traded. Leading volumes: Grayscale ($450M), iShares ($245M), Fidelity ($137M). Enhancing market legitimacy, potentially reducing volatility. Ether prices dipped. Fees: 0.19% to 2.5%. SEC Chair Gensler cited Grayscale’s influence. Projections: $1B monthly inflows. Staking excluded.
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