Following spot Bitcoin ETFs, spot Ethereum ETFs were finally opened for trading today.
Now we are wondering how much investment ETH ETFs will receive.
At this point, while it was generally expected that ETH ETFs could experience a significant inflow, although not as much as Bitcoin, Citi estimated that ETFs could experience an inflow of 4.7 to 5.4 billion dollars in the first 6 months.
While there is currently a decline expectation for the ETH price, Arkham announced the public addresses of ETF issuer companies.
Arkham also revealed how much Ethereum the issuing companies have in their wallets.
“We have determined the wallet addresses of all ETH ETFs that will go live today.
We are the first to identify these addresses publicly.
Accordingly, the amount of ETH held by Ethereum ETF issuers in their wallets is as follows:
Grayscale $54.5 million ETH BlackRock $10.6 million ETH VanEck $10.2 million ETH Bitwise $2.5 million ETH
BREAKING: ALL ETH ETFS NOW ON ARKHAM
We have identified the on-chain locations of all ETH ETFs due to go live today.
We are the first to publicly identify these addresses.
Stay up to date with today’s ETH ETF launches: pic.twitter.com/P6P7Dj6A3I
— Arkham (@ArkhamIntel) July 23, 2024
*This is not investment advice.
